A business which is a separate legal entity can be a:
A)sole trader.
B)partnership.
C)company.
D)all options are businesses which are separate legal entities

Question

Quizplus · Accepted Answer

A company is the only option given that is a separate legal entity. Sole traders and partnerships are not separate legal entities, but rather the business and its owners are considered one and the same. Only companies have the ability to enter into contracts, sue or be sued, and conduct business activities in their own name.

A Business Which Is a Separate Legal Entity Can Be