Which two sentences describe characteristics of a sole proprietorship? The owners are called partners. The owner accepts full financial liability. The business is treated as a separate tax entity. All profits go to the individual who owns the business.

a. The owner accepts full financial liability

b. All profits go to the individual who owns the business.

Explanation:

Sole Proprietorship is a business that is formed or created by one person. There is no distinction or separation between a sole proprietor and his or her business.

The benefits of Sole Proprietorship includes:

a. The sole proprietor has complete control over his business as well as the decision making process of the business

b. All the profits of the business belongs to the sole proprietor

c. A sole proprietorship is easy to start up.

Some major disadvantages of sole proprietorship includes:

a. It is very difficult to obtain capital for sole proprietorship.

b. A sole proprietor is liable for all the debts of his or her business.

the committees of correspondence were the american colonies’ means for maintaining communication lines in the years before the revolutionary war. in 1764, boston formed the earliest committee of correspondence to encourage opposition to britain’s stiffening of customs enforcement and prohibition of american paper money. the following year, new york formed a similar committee to keep the other colonies notified of its actions in resisting the stamp act. in 1773, the virginia house of burgesses proposed that each colonial legislature appoint a committee for intercolonial correspondence. the exchanges that followed built solidarity during the turbulent times and bring about the formation of the first continental congress in 1774.

according to this text from the preamble to the declaration, who gives men their unalienable rights?