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NARA [144]
3 years ago
3

Which best describes the difference between sole proprietorships and partnerships?

Social Studies
2 answers:
Ugo [173]3 years ago
7 0

It's A i just did the quiz on on edge.

KATRIN_1 [288]3 years ago
3 0
The correct answer is A - <span>Sole proprietors keep all profits and have unlimited liability, while partners split profits and share liabilities. 
A sole proprietorship is one person/family who owns a particular business, which means that all revenue belongs to them. On the other hand, in the case of a partnership, all partners have to share everything - revenue and liabilities because they own a portion of a business.
</span>
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