Multi National Companies are the example of a type of company for which the state may require a sole proprietorship to obtain a license out of Consumer Industry, Indigenous Industry, Cottage Industry or Multi National Companies.
A sole ownership is also known as sole enterprise. It refers to a type of enterprise that is owned and run by one entity.
In this type of proprietorship there is no clear distinction between the owner and the business entity.
The state refers to an entity that is a political community. It has a sovereign government. A state may consist of a community that has common descent, or origin.
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The question is incomplete, the complete question is
An example of a type of company for which the state may require a sole proprietorship to obtain a license includes? choose all that apply
(a)Cottage Industry
(b) Indigenous Industry
(c) Consumer Industry