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The proprietorship form of business organization Responses requires that the owner be personally liable for all debts of the business. requires that the owner be
The proprietorship form of business organization
Responses
requires that the owner be personally liable for all debts of the business.
requires that the owner be personally liable for all debts of the business.
combines the records of the business with the personal records of the owner.
combines the records of the business with the personal records of the owner.
is characterized by a legal distinction between the business as an economic unit and the owner.
is characterized by a legal distinction between the business as an economic unit and the owner.
must have at least three owners in most states.
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