Which one of the following statements concerning a sole proprietorship is correct?
a. a...
Business, 28.01.2020 06:31 dmperez1213
Which one of the following statements concerning a sole proprietorship is correct?
a. a sole proprietorship is designed to protect the personal assets of the owner.
b. the profits of a sole proprietorship are subject to double taxation.
c. the owner of a sole proprietorship is personally responsible for all of the company's debts.
d. there are very few sole proprietorships remaining in the u. s. today.
e. a sole proprietorship is structured the same as a limited liability company.
Answers: 1
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