All of the following are true or a sole proprietorship except A) the business profit must be declared in the business person personal income tax filing B) an employer can be hired to manage the business C) none of the other answers are correct D) a sole proprietorship terminates upon bankruptcy of the business person E) ownership can be transfered through the sale or the total assets of the legal person All of the following are true except A) a legal person can't be a sole proprietor B) none of the answers are correct C) a sole proprietor personal assets can be seized by creditors for debts of the business D) a sole proprietor must be operated by no more than three persons E) a sole proprietor cannot choose his fiscal year end