Which of the Following Statements About a Sole Trader Is

Multiple Choice

Which of the following statements about a sole trader is NOT true?

A) Most small businesses fail within the first five years of their establishment.
B) The death of the sole trader usually means the death of the business.
C) The degree of personal involvement by the sole trader can make the business difficult to sell.
D) Sole traders have limited liability for the debts of the business.