Which of the Following Is True About Sole Proprietorship in the United

question 91

Multiple Choice

Which of the following is true about sole proprietorship in the United States?

• A)It is the most common form of business organization.
• B)It is responsible for a large portion of total production of goods and services.
• C)It offers the owner the least personal liability of any form of business organization.
• D)There is no opportunity cost to operating the business.
• E)Only one individual can work in such a firm.

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