Regarding a sole proprietorship, which one of the following statements is accurate?

Multiple Cholce

It is more difficult to fom than other forms of business.

Its business profits are taved twhes at the federal level.

Its busines profits are taxed:separately firm the personal income of the owner.

The bumbe may be forced to sel hli or her personal assets to pay the company's debts.

it has an uni mittec lta span.