Respuesta :
True,In a sole proprietorship, the proprietor bears the burden of any liabilities incurred by the business enterprise.
What is sole proprietorship?
A sole proprietorship, also known as a sole tradership, individual entrepreneurship, or proprietorship, is a type of business owned and operated by a single person with no legal distinction between the owner and the business entity. A sole trader does not always work alone and may hire others.
One of the benefits of a sole proprietorship is its ease of operation. You do not file a separate tax return for your business; instead, you report all of your business income and losses on your personal tax return. However, with that ease comes personal liability for legal judgments, taxes, and debt.
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