Question and answer
The most prominent form of a business organization is a sole proprietorship.
A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is
owned by the proprietor and all debts of the business are the proprietor's. This means that the owner has no less liability than if they were acting as an individual instead of as a business.
Get an answer
Original conversation
User: The most prominent form of a business organization is a sole proprietorship.

Weegy: A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor and all debts of the business are the proprietor's. This means that the owner has no less liability than if they were acting as an individual instead of as a business.




User: The most prominent form of a business organization is a sole proprietorship true or fasle

Weegy: What is the most common form of business organization- The answer is True.
Expert answered|experto|Points 227|

User: thats not what i asked you ?

Question
Asked 7/11/2013 9:20:02 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
the point at which quantity supplied and quantity demanded are the same User: the point at which quantity supplied and quantity demanded are the same what is it
Weegy: Equilibrium occurs at the point at which quantity demanded and quantity supplied are equal. User: _______ and information are needed to get goods produced. Prices can provide both because it carries information to the buyer and the seller. Weegy: Capital and information are needed to get goods produced. Prices can provide both because it carries information to the buyer and the seller. [ ] (More)
Question
Expert Answered
Asked 7/10/2013 11:01:45 AM
0 Answers/Comments
20,164,857 questions answered
Popular Conversations
Discretionary spending is spending which requires governmental ...
Weegy: Discretionary spending is spending which requires governmental approval on an annual basis. TRUE. User: ...
3/29/2015 9:27:10 AM| 2 Answers
What is the equation of the line that has a slope of –2 and a ...
Weegy: The answer is B) architecture and music. User: Some nouns that end in -um are made plural by changing the –um ...
3/29/2015 10:39:54 AM| 2 Answers
Simplify (-2)-3
Weegy: - 2.75 < -3 is a false statement.
3/29/2015 6:07:55 PM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 492 [Total 7799]| Ratings 8| Comments 412| Invitations 0|Offline
S
Points 478 [Total 983]| Ratings 10| Comments 368| Invitations 1|Offline
S
1
L
L
Points 475 [Total 7976]| Ratings 0| Comments 475| Invitations 0|Offline
S
L
Points 353 [Total 1475]| Ratings 2| Comments 333| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 145 [Total 145]| Ratings 0| Comments 145| Invitations 0|Offline
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.