Sole Proprietorship Quiz

PreciousSanity avatar
PreciousSanity
·
·
Download

Start Quiz

Study Flashcards

3 Questions

True or false: A sole proprietorship is a type of enterprise owned and run by multiple people?

False

True or false: A sole trader is not responsible for the debts and losses of the business?

False

True or false: Sole proprietors may use a trade name other than their legal name without any legal requirements?

False

Test your knowledge of sole proprietorships with this quiz! Learn about the characteristics and advantages of this type of business entity, as well as the responsibilities and tax implications that come with being a sole trader. Challenge yourself and see how well you understand the concept of sole proprietorships.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Use Quizgecko on...
Browser
Browser