17 multiple choice 5 points who pays a businesss debts in a failed sole proprietorship? none of the above…

17 multiple choice 5 points who pays a businesss debts in a failed sole proprietorship? none of the above the employees of the business the stockholders the owner of the business

17 multiple choice 5 points who pays a businesss debts in a failed sole proprietorship? none of the above the employees of the business the stockholders the owner of the business

Answer

Brief Explanations:

In a sole - proprietorship, the business and the owner are legally the same entity. So, the owner is personally liable for all business debts. Employees are not responsible for business debts, and there are no stockholders in a sole - proprietorship.

Answer:

D. The owner of the business