A Sole Proprietorship Can Have Only One Owner,but It Can

question 9

True/False

A sole proprietorship can have only one owner,but it can have any number of employees.

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Definitions:

Geometric Series

A series of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the ratio.

Infinite

Without limit or end; often used in mathematics and physics to describe quantities or concepts that extend beyond any finite boundary or size.

Terms

Terms and conditions outlined within a contract or agreement.

Redeemed

The process of exchanging a financial instrument or coupon for its value in money or goods.