Question

blake owns a business that installs hardwood flooring. the business employs one other full - time employee and several part - time employees who are deployed to various job sites on an \as needed\ basis. the earnings from his company are added to other family earnings for tax purposes, and blake assumes unlimited liability for the businesss bills and debt. blakes form of business ownership is a __________. cooperative sole proprietorship corporation limited partnership

Explanation:

In a sole proprietorship, the business earnings are combined with personal - family earnings for tax purposes and the owner has unlimited liability for business debts. Blake's situation fits this description. A cooperative is owned by its members for mutual benefit. A corporation has limited liability for its owners. In a limited partnership, there are general and limited partners with different liability levels.

Answer:

B. sole proprietorship