Justin Decided to Operate His Own Web Design Firm and Is

Multiple Choice

Justin decided to operate his own web design firm and is leaning toward organizing it as a sole proprietorship. A factor Justin should realize is that by choosing this form of business he would be:

A) creating a business that is legally separate and distinct from himself.
B) incurring the problem of double taxation.
C) exposing himself to unlimited personal liability for the company's debts.
D) required to fill out special forms and pay proprietorship fees to get the company legally established.