Which of the following statements about a sole proprietorship is false?
a. It is relatively easy to start a business that is organized as a sole proprietorship.
b. The owner of a sole proprietorship can act relatively independently when making decisions.
c. A sole proprietor can raise money by borrowing from financial institutions, issuing stocks, and issuing bonds.
d. Courts may take a sole proprietor's personal assets to pay the business' debts if the business does not have the funds to pay them directly.

Q&A Education