Question

Select the correct answer.
A sole proprietor is a business owner with _____.
A.
A limited liability company
B.
An unincorporated business
C.
Business partners
D.
A commercial lease

Answer 1

Answer:

B. Unincorporated Business

Answer 2

Answer:

B. An unincorporated business

Explanation:

A sole proprietor is a business owner with an unincorporated business. He pays personal income tax on profits earned. Thus, option (B) is the answer.