Which is an example of a proprietorship? (1 point)

Question

Responses

Edward owns a restaurant- he is responsible for all the restaurant's debt.
Edward owns a restaurant- he is responsible for all the restaurant's debt.

Juan and Philip own a bookstore. They are both responsible for the bookstore's debt.
Juan and Philip own a bookstore. They are both responsible for the bookstore's debt.

Janet and Mariam own a flower shop. They share equally in the shop's profits.
Janet and Mariam own a flower shop. They share equally in the shop's profits.

Roberta owns stock in a steel company. She receives a portion of the company's profits.

Answer 1

Edward owns a restaurant- he is responsible for all the restaurant's debt.