Question
Which of the following statements is true about a sole proprietorship?
A) The owner of the sole proprietorship must report to shareholders.
B) It is easy to start and the owner has full control over the business.
C) A sole proprietorship can continue if the owner dies.
D) The owner of a sole proprietorship has limited liability.
A) The owner of the sole proprietorship must report to shareholders.
B) It is easy to start and the owner has full control over the business.
C) A sole proprietorship can continue if the owner dies.
D) The owner of a sole proprietorship has limited liability.
Answers
GPT 3.5
B) It is easy to start and the owner has full control over the business.