Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following statements is FALSE regarding the Sole Proprietorship form of business? A.The proprietor can have thier spouse as a employee B.The proprietor
Which of the following statements is FALSE regarding the Sole Proprietorship form of business?
A.The proprietor can have thier spouse as a employee
B.The proprietor is personally liable for debts of the business
C.The proprietor can sell thier business to another individual
D.The proprietor files a separate tax return for the business
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started