A form of business organization in which a person co... - Solved MCQs & Answer

715Civil EngineeringMedium

A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities?

APartnership

BEntrepreneurship

CCorporation

DSole proprietorship

Correct answer

D. Sole proprietorship

Explanation

The correct answer is Sole proprietorship.

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