A Single Proprietorship Is a Form of Business Organization Which

Multiple Choice

A single proprietorship is a form of business organization which

A) has one owner-manager who is personally responsible for the firm's actions and debts.
B) has a single owner but has directors who are responsible for the firm's debts.
C) has limited liability.
D) has unlimited access to money capital.
E) allows easy transferability of ownership by the trading of shares.