Starting a new business as a sole proprietorship. A. usually simpler and less expensive than starting other forms of ownership. B. is simple, but the proprietorship fee is very expensive in some statesC. requires retaining the services of an attorneyD. is very similar to starting a business as a corporation.

A. usually simpler and less expensive than starting other forms of ownership.

Explanation:

Sole proprietorship is a form of business wherein an individual begins his own business, wherein he is the sole recipient and bearer of all risks and profits involved.

Unlike other modes of business such as corporation or partnership, to start a sole proprietorship form of business requires least formalities and documentation.

But unlike corporation form of business, the proprietor also assumes unlimited personal liability.