2.
What kind of business ownership is best described by these statements?
I am the only owner of my business.
I take all the risks of doing business.
I keep all the profits.
a. Sole Proprietorship
An entrepreneur
b. Corporation
c. Partnership
d. Cooperative
Answers
Answered by
30
Answer:
A=Sole Proprietorship
Explanation:
may this help u
Answered by
5
Option a. Sole Proprietorship An entrepreneur
Explanation:
- A sole proprietorship (also known as individual entrepreneurship, single trader, or simply proprietorship) is an unincorporated business held by only one person. It is a corporate entity's most basic legal structure.
- The simplest sort of business is a sole proprietorship. These types of enterprises are particularly common among sole proprietors, self-employed individuals, and consultants. It simply refers to a business owner who is personally liable for the company's profits and liabilities.
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