Which of the Following Is TRUE About Sole Proprietorships

question 44

Multiple Choice

Which of the following is TRUE about sole proprietorships?

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

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