The business most likely to operate as a sole proprietorship is:
A)private hospital.
B)medical specialist.
C)bank.
D)airline.

Question

Quizplus · Accepted Answer

Medical specialists, such as doctors or dentists, typically operate their business as a sole proprietorship due to the nature of their work being highly specialized and requiring a personal touch. They also typically do not have many employees and do not require a large amount of capital to start their business. Private hospitals, banks, and airlines are all larger businesses that require more capital and may involve multiple owners, making them less likely to operate as a sole proprietorship.

The Business Most Likely to Operate as a Sole Proprietorship