question archive Which one of the following statements is NOT true? Question 3 options: a) The life of a sole proprietorship is unlimited b) All profits of the sole proprietorship pass directly to the owner and are taxed at the owner's marginal tax rate
Which one of the following statements is NOT true? Question 3 options: a) The life of a sole proprietorship is unlimited b) All profits of the sole proprietorship pass directly to the owner and are taxed at the owner's marginal tax rate
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Which one of the following statements is NOT true? Question 3 options: a) The life of a sole proprietorship is unlimited b) All profits of the sole proprietorship pass directly to the owner and are taxed at the owner's marginal tax rate. c) A sole proprietorship is the least expensive type of business to start. d) Sole proprietorships must rely on equity contributions from the proprietor and debt or lease financing.
