Question

Wren owns and operates Yoga Center without creating a separate business organization. She receives all the profits from the fees for the classes and the sales of the center’s merchandise. Yoga Center is most likely_______.

Answer 1

Answer: Sole proprietorship.

Explanation:

Wren's yoga center is most likely a sole proprietorship business establishment.

A sole proprietorship business establishment is one which is owned by a single individual, where the owner makes all the key decisions and gains all the profit and loss from the business.