Solved

Which of the Following Is True About Sole Proprietorship

Question 58

Multiple Choice

Which of the following is true about sole proprietorship?


A) It is the most difficult kind of business form to set up.
B) It is not considered as a legal entity separate from its owner.
C) It does not incur unlimited liability on its owner.
D) It is not supported by any unique tax advantages.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents