A Sole Proprietorship Comes into Existence When a Person

question 3

Multiple Choice

A sole proprietorship comes into existence when a person

• A)registers a business name.
• B)begins to carry on a business.
• C)obtains a licence for a business.
• D)pays the fee for registering a business name.
• E)files articles of incorporation.

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Definitions:

Biologist

A scientist who studies living organisms and their interaction with each other and their environments.

Biological Male

An individual whose primary sex characteristics at birth include male genitalia and other male physiological features, based on genetic and hormonal factors.

Raised

Pertains to the manner in which an individual was brought up or nurtured during childhood.

Lesbian

A woman who is emotionally, romantically, or sexually attracted to other women.