Which of the following statements is true about sole proprietorships?(1 point)
Responses
A sole proprietorship is the simplest form of business organization.
A sole proprietorship is the simplest form of business organization.
The owner of the sole proprietorship has limited liability.
The owner of the sole proprietorship has limited liability.
The owner of the sole proprietorship must report to shareholders.
The owner of the sole proprietorship must report to shareholders.
A sole proprietorship can continue if the owner dies.