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.

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A sole proprietorship is the simplest form of business organization.
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