Which of the Following Is True of a Sole Proprietorship

question 23

Multiple Choice

Which of the following is true of a sole proprietorship?

• A)A separate tax return must be filed.
• B)It is not a business entity.
• C)There is no personal liability for the owner.
• D)None of the above

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Definitions:

Fungicide

A chemical compound or biological organism used to kill or inhibit the growth of fungi and fungal spores.

Biological Magnification

The increasing concentration of toxic substances within each successive link in the food chain.

Organophosphates

A group of chemical compounds used as insecticides, which can be toxic to animals and humans if exposure occurs.

Chlorinated Hydrocarbons

Organic compounds containing chlorine, often used in industrial applications, but can be environmental pollutants.