The CAPM can be divided into ________

Which of the following is true of creating a sole proprietorship?

A) No government approval is required. B) Federal taxation is levied upon sole proprietorship. C) No licenses are required to do business within a city or state. D) Special permission must be obtained to receive a sole proprietorship status.

In a strict surety arrangement, the surety assumes primary liability on another person's debt

Indicate whether the statement is true or false