3
QuizMultiple Choice

Business Structures

Question 3 • 2414VA Career Explorations Sem A

If the owner of a sole proprietorship is sued by a customer who slipped and fell in her store, _____.

Answer
A
the sole proprietor is liable only for a small fraction of any damages
B
the sole proprietor is not liable under any circumstance
C
the sole proprietor is personally liable for damages the injured woman is awarded by the courts
D
the sole proprietor is covered by a Small Business Administration insurance policy
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