2 years ago

When two people agree to mutually pursue an economic venture can they do so as sole proprietors

1 answer:

8 0

That statement is false

Sole proprietors is a type of business which ownership is fully controlled by one single individuals. By definition, two people cannot become co -owners of a sole proprietorship.

The other options that those people could pursue is partnership. In partnerships, two or more individuals can be part-owners of their business establishment. The percentage of ownership could be determined based on how much capital they injected to the business.

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Explanation:

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mote1985 [20]

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3 years ago

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