Susan owns and operates a large restaurant in Dallas that employs about fifty people. She delegates some of the decision-making to two managers, but she remains the only owner. What form of business ownership does Susan have?

Susan is owning a business and this type of ownership is called Sole proprietorship.

Explanation:

In the question the details which are provided are:

Susan is owning a business and she is operating a large restaurant in  Dallas which is giving employment to about fifty people there.

She has also kept two managers for assisting her in the restaurant work and she delegates some decision making from them too but the ownership remains only with her.

So, this form of business ownership is called sole proprietorship.

Sole proprietorship: It is the simplest and easiest way of starting a business of one's own. In this type of unincorporated business the business is owned and run by a single member or individual.

It does not deals with the legal contracts between the business entities and any individual.

Examples: It constitutes of single person membership in the business.

So, the businesses like a grocery store, food mart, or restaurants can be their examples.

In this type of business as soon as we start providing the services to the other people thatis named as sole proprietorship.

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