Multiple Choice
Which of the following statements best describes the legal requirements for conducting a sole proprietorship?
A) They are subject to the same general legislation as any other business form.
B) Unlike other business forms,they are unregulated.
C) They are governed by sole proprietorship legislation existing in each province.
D) They must be licensed under provincial legislation as sole proprietorships.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: In the context of a business failure,a
Q35: What is the most likely reason,from a
Q39: Which of the following will be most
Q41: What is the legal outcome when one
Q46: The duration of existence of a proprietorship
Q65: Which of the following would be considered
Q66: How does the principle of limited liability
Q69: Which of the following is a distinguishing
Q71: Which of the following will result in
Q71: Ellayne manages a busy law practice as