Question

A________is a form of organisation in which the owner maintains complete control over the business and is personally liable for business debts.

A. Sole proprietorship
B. General partnership
C. Corporation
D. Limited liability company

Answer 1

Sole Proprietorship

Step-by-step explanation:

Sole proprietorships own all the assets of the business and the profits generated by it. They also assume complete responsibility for any of its liabilities or debts.

Answer 2

A sole proprietorship is a form of organisation in which the owner maintains complete control over the business and is personally liable for business debts.

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