Question

Which of the following statements is true about sole proprietorships?(1 point) Responses A sole proprietorship is the simplest form of business organization. A sole proprietorship is the simplest form of business organization. The owner of the sole proprietorship has limited liability. The owner of the sole proprietorship has limited liability. A sole proprietorship can continue if the owner dies. A sole proprietorship can continue if the owner dies. The owner of the sole proprietorship must report to shareholders.

Answer 1

A sole proprietorship is the simplest form of business organization.