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