What is a sole proprietor? O A. A person who starts any new business
B. A person who runs a business in which he or she is the only
employee
C. A business structure that protects the owner from lawsuits
O D. Two people who start up a business together

B

Explanation:

A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity.

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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