Question
Business and Labor Unit Test
Which of the following statements is true about sole proprietorships? (1 point)
A sole proprietorship is the simplest form of business organization.
A sole proprietorship can continue if the owner dies.
The owner of the sole proprietorship has limited liability.
The owner of the sole proprietorship must report to shareholders.
Which of the following statements is true about sole proprietorships? (1 point)
A sole proprietorship is the simplest form of business organization.
A sole proprietorship can continue if the owner dies.
The owner of the sole proprietorship has limited liability.
The owner of the sole proprietorship must report to shareholders.
Answers
GPT 3.5
A sole proprietorship is the simplest form of business organization.