Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What constitutes a Sole Proprietor?

constitutes
0
Posted

What constitutes a Sole Proprietor?

0

A. Sole proprietor is defined as “A form of business organization in which an individual is fully and personally liable for all the obligations (including debts) of the business, and is entitled to all of its profits and exercises complete managerial control.” Coverage is not available for a single employee, unless the owner participates, as well.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123