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Which of the following is not characteristic of a sole proprietorship? a.If a sole proprietor engages employees or agents, he or she must share the
Which of the following isnotcharacteristic of a sole proprietorship?
a.If a sole proprietor engages employees or agents, he or she must share the benefits derived from the business with such employees and agents.
b.A sole proprietor may hire employees and agents to operate a business.
c.Sole proprietors have unlimited personal liability
.d.A sole proprietor bears full responsibility for all business losses, costs, and obligations.
e.A sole proprietorship is not a separate entity at law.
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