Which of the following qualifies a sole proprietorship?
A) Owned by one person
B) Owned by one family
C) Has only one location
D) Activities in only one state
E) Has only one activity

Question

Quizplus · Accepted Answer

A sole proprietorship is the easiest and least expensive business organization to create. In essence, the proprietor obtains whatever business licenses are necessary and begins operations.

Which of the Following Qualifies a Sole Proprietorship