Ask Question
18 April, 05:07

A business owned and run by a single individual who has rights to all profits is known as

a) Sole proprietorship

b) General partnership

c) Public corporation

d) Limited liability company

+2
Answers (1)
  1. 18 April, 06:33
    0
    The correct answer is choice A.

    A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A business owned and run by a single individual who has rights to all profits is known as a) Sole proprietorship b) General partnership c) ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers