A business that is not a separate legal entity, where any claims for business debts can be made against the owner's personal assets, is a: Select one: r a.Joint venture. b.Sole trader. c.Proprietary company. r r r d.Trust. A disadvantage of a trust is: Select one: r a.Tax minimisation. b.Difficult and expensive to set up. c.A complex legal structure. r r r d.Minimal government regulation. HD Tutors delivers tutoring services online via zoom the following subjects: English, Maths, Coding and Music. Each subject delivered by a specialist in the field, mostly on a part time basis and all divisions need to incur the cost for one administrator and one book keeper, wages. The following information is provided for the 2021 financial year where the common cost is equally allocated to each division: English Maths Coding Music Division Revenue $55,000 $75,000 $65,000 $10,000 Divisional Cost $20,000 $25,000 $35,000 $20,000 Divisional conuibution $35,000 $50,000 $30,000 $10,000 Common Cost 20,000 20,000 20,000 20,000 What is the common cost allocated to Music division if the business uses "Division Revenue' as a base? Select one: \" a.$10,000 \" 033,902.44 \" cs1o,000 \" d.$20,000 What is the profit/loss made by Music division? Select one: Ca.-$10,000 C b.$30,000 C c.-$30,000 C d.$10,000