Question

question 18 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 __________. sole proprietorship limited partnership corporation cooperative

Explanation:

In a sole proprietorship, the owner has unlimited liability for business debts and earnings are often combined with personal - family earnings for tax purposes. In limited partnerships, limited partners have limited liability. Corporations offer limited liability to shareholders. Cooperatives are owned and operated by a group of members for their mutual benefit. Since Blake has unlimited liability and combines business earnings with family earnings for tax, it's a sole proprietorship.

Answer:

A. sole proprietorship