Question

Select the proper option from the options given below and rewrite the completed sentences.

A sole proprietorship has ________ owner/owners.
(a) one
(b) two
(c) unlimited.

Answer 1

Correct option- a
A sole proprietorship has one owner.
Explanation:
Sole means one and proprietor means owner. Therefore, a sole proprietorship is the one which is controlled and managed by only one or single owner.