All of the following statements are true of the government regulation of sole proprietorships EXCEPT? a. many government regulations apply only to businesses that have a certain number of employees. b. securities laws apply only to corporations that issue stock. c. sole proprietorships must obey employee and consumer regulations.d. sole proprietorships have the most freedom from government regulations. e. sole proprietors must follow all laws, including, federal, state, and local regulations: securities laws; and employee and consumer protection regulation

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lysette667 lysette667

17-12-2022
Business

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All of the following statements are true of the government regulation of sole proprietorships EXCEPT? a. many government regulations apply only to businesses that have a certain number of employees. b. securities laws apply only to corporations that issue stock. c. sole proprietorships must obey employee and consumer regulations.d. sole proprietorships have the most freedom from government regulations. e. sole proprietors must follow all laws, including, federal, state, and local regulations: securities laws; and employee and consumer protection regulation

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Tutorconsortium425 Tutorconsortium425 · Answer 1 · 2022-12-23T09:08:26+01:00

Except as noted below, all of the following statements about government regulation of sole proprietorships are true.

Except for one, every one of the following statements about how the government regulates sole proprietorships is correct?

All laws, including those governing employment and consumer protection, securities, and other laws at the federal, state, and municipal levels, must be observed by sole owners.

Who are sole proprietorships, exactly?

A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole owner. Small companies like a neighborhood grocery store, clothing boutique, artist, freelance writer, IT consultant, and freelancer are examples of sole owners.

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