Question

1. Currently, AutoMotion Garage is operated as a(n):

A. Limited liability company.
B. Cooperative.
O C. Sole proprietorship.
O D. Solitary subsidiary.
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Answer 1

C, Sole proprietorship

Step-by-step explanation:

Sole proprietorship is a business that is established, owned and managed by an individual. This simply means that everything that concerns a company is controlled by one person. no partners or associates.

A sole proprietorship like any other business has its advantages and disadvantages.

The advantages include

1. complete decision-making and control of business

2. no corporate tax payments

3. cost of legalising business is mnimised greatly.

Cheers.