Justin Lapierre Decided to Operate His Own Web Design Firm

Multiple Choice

Justin Lapierre decided to operate his own Web design firm and is leaning toward organizing it as a sole proprietorship. What is one factor Justin should realize in choosing this form of business?

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