Which of the following entities is a “sole trader”?单项选择题

A

a. Alia saved her money and opened a florist on her own

B

b. Dalia opens an accounting firm with her best friend

C

c. Ethan and Farahin are directors of their import-export business

D

d. Ben and Chin contribute capital and shares profit equally in their petroleum business

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Which of the following is an advantage of a sole trader business?

What is a key feature of a sole trader business?

A sole proprietor has Blank ______ personal liability for all business debts and obligations.

Which of the following statements are not true for the sole traders? I. They are not generally a reporting entity (an entity that must produce GPFR)II. They are single owner businessIII. The sole trader entities pay tax.IV. They are separate legal entities.V. They are relatively simple and cheap to set up.

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