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Which of the following companies is the easiest type to set up? A. Sole proprietorship B. LLC C. C corporation D. S corporation Please select the best answer from the choices pr…

Which of the following companies is the easiest type to set up? A. Sole proprietorship B. LLC C. C corporation D. S corporation Please select the best answer from the choices pr…
asked 20.5k views
3 votes
Which of the following companies is the easiest type to set up?

A. Sole proprietorship
B. LLC
C. C corporation
D. S corporation
Please select the best answer from the choices provided

asked
User Matteo
by
8.5k points

1 Answer

3 votes
The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts.
answered
User Matt Votsikas McLean
by
8.4k points
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