Question

The owner of the business is called
Select one:
z of
O a. Ownership
O b. Industrialist
estion
O c. Proprietorship
O d. Proprietor​

Answer 1

Answer:

d) proprietor

Explanation:

the sole proprietor is owner of the business who owns the business

Answer 2

The right response to the question is OPTION d: Proprietor.

• The only owner of a business is referred to as a proprietor.
• All the assets and loan payments in context to business are the proprietor's responsibility.
• The business owner or proprietor has complete legal authority over the company.
• If he is a sole proprietor, he operates his business and is the sole owner of all profits, and he is responsible for paying personal income tax on gains gained from his business activities.
• Hence, the proprietor is the proper response.