Respuesta :
Answer:
Sole Proprietorship
Explanation:
Sole Proprietorship is a business enterprise owned, regulated & managed by a singe entrepreneur.
In this case, firm & enterprise are not separate but unanimous entities. It is unincorporated means that it doesn't have a separate legal entity.
So, the entrepreneur's liability towards firm's claims is unlimited, i.e entrepreneur's personal assets can be used to settle firm's liabilities.
This business form has advantages : Easy establishment & registration compliances, full freedom & decision making power.
It also has disadvantages : Unlimited Liability & Low expansion scope.
