A business that is not a legal entity, where there is one owner who is fully liable for all debts, is:
A) a proprietary company.
B) a partnership.
C) a sole proprietorship.
D) none of the above.
Correct Answer:
Verified
Q54: Advantages of operating as a sole proprietor
Q55: Set out the main purpose of each
Q56: The financial statement which shows all the
Q57: The planning role within a company is
Q58: The business most likely to operate as
Q60: The term that describes differences between actual
Q61: Sustainability reporting focuses on:
A)financial aspects.
B)environmental and social
Q62: A common aspect of questionable figures in
Q63: An advantage of a partnership compared to
Q64: Which of the following in not one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents