Answered

Which of the following is a characteristic of a sole proprietorship?

A. Each stockholder acts as an owner of the company.
B. It's easy to form.
C. The business is owned by more than one person.
D. It can continue indefinitely.



Answer :

GinnyAnswer

Final answer:

A sole proprietorship is a business owned and operated by one person.


Explanation:

A sole proprietorship is a type of business organization owned and operated by one person. This means that the business and the owner are not separate entities, and the owner is entirely responsible for all debts and profits of the business.


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