Question

Sung owns a dog-walking business that she started in high school. Her first goal was to earn money after school and supplement her allowance. Now that she has finished college and maintains a long client list, she's planning on running the business full time. She keeps all the profits and has kept things simple by posting fliers on the bulletin boards at local stores. Sung's business is a(n)______________

Answer 1

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a business that is owned and run by one person. The person is responsible for operations and decision-making.

There is no distinction between the business and the individual.

The instance given, the proceeds from Sung's business is used to supplement her allowance .