Which of the Following Is True About Sole Proprietorships

question 38

Multiple Choice

Which of the following is true about sole proprietorships?

• A)Generally they are subject to different regulations than are other forms of business.
• B)Just as corporations,they must abide by human rights legislation and meet health and safety regulations for the employees.
• C)Business names of all sole proprietorships must be registered.
• D)Sole proprietorships require government formalities to get established.
• E)Sole proprietorships comprise the smallest number of businesses in Canada.

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