Question

question 4 of 20
a business that is completely controlled by a single owner who receives all of the profits is a _____.
a. partnership
b. corporation
c. limited liability company
d. sole proprietorship

Explanation:

A sole proprietorship is a business owned and controlled by one person who gets all the profits. Partnerships involve multiple partners sharing profits. Corporations are separate legal entities with shareholders. Limited - liability companies have limited - liability features and can have multiple members.

Answer:

D. sole proprietorship