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Question
Which of the following statements is true of the sole proprietorship form of business organization?
A. Legal filings are required to establish a sole proprietorship.
B. A sole proprietorship is a separate legal entity.
C. The owner of a sole proprietorship is not personally liable for all obligations of the business.
D. A sole proprietorship is not a taxable entity.
Answer
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Related questions
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In the international context, _____ refers to judicial personal jurisdiction.
A. jurisdiction to enforce
B. jurisdiction to prescribe
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Which of the following is a drawback of the Clean Water Act?
A. Its regulation of point sources leaves many pollutants unmonitored.
B. Its goals do not include achieving water quality sufficient for the protection and propagation of fish.
C. Its jurisdiction on navigable waters is limited to monitoring the discharge of pollutants into the water bodies.
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C. It required the states to set air quality standards.
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