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Pavlova-9 [17]
3 years ago
10

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

Social Studies
1 answer:
Sav [38]3 years ago
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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