Asked by Alyssa Grant on Apr 27, 2024
Verified
Proprietorships are owned by one owner and provide only services to their customers.
Proprietorships
A sole proprietorship is a type of business entity that is owned and operated by one individual, with no legal distinction between the owner and the business.
Services
Economic activities offered by one party to another, often involving the provision of expertise or labor.
- Differentiate between the features of diverse types of business entities.
Verified Answer
DG
Denisse GarcíaApr 29, 2024
Final Answer :
False
Explanation :
Proprietorships can provide both services and goods to their customers.
Learning Objectives
- Differentiate between the features of diverse types of business entities.
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