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nika2105 [10]
3 years ago
14

In which form of business is a single individual responsible for the repayment of any debts? proprietorship. corporation. partne

rship. family-run business?
Business
1 answer:
deff fn [24]3 years ago
6 0
<span>In which form of business is a single individual responsible for the repayment of any debts? Proprietorship. In a </span>proprietorship, a sole person owns a business. Because they are the sole owner they are responsible for paying income taxes on profits earned from the business and also repayment of debt. A proprietorship is the simplest business a person can own and operate under. 
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