Question

The concept of separate entity is applicable to which of following types of businesses? a) Sole proprietorship b) Corporation c) Partnership d) All of them

Answer 1

Answer:

a) Sole proprietorship

Explanation:

The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts

Answer 2

Hello !

a)Sole proprietorship.

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