Question

Which of the following types of business does not require an attorney to set up?

Sole proprietorship
Partnership
Corporation
LLC

Answer 1

sole proprietorship

Answer 2

The answer is: Sole proprietorship

Sole proprietorship is considered to be the most informal type of business since it basically does not operate as a legal entity.

In a sole proprietorship, there is only one single owner who fund the whole operation, so the country tend to treat expense from sole proprietorship like a normal citizens who spend money for shopping.