Comparing Proprietorships with Partnerships, Which Is TRUE

Multiple Choice

Comparing proprietorships with partnerships, which is TRUE?

A) In both cases, profits are taxed only once.
B) Partnerships outnumber proprietorships 2-to-1 in the United States.
C) Proprietorships generally end with the death of the owner, but partnerships continue as long as at least one partner survives.
D) A proprietor faces unlimited liability for her firm's debts, but in a partnership each partner is only responsible for an even share of the firm's indebtedness.