All of the following statements are true of the government regulation of sole proprietorships EXCEPTA) many government regulations apply only to businesses that have a certain number of employees.B) securities laws apply only to corporations that issue stock.C) sole proprietors must obey employee and consumer protection regulation.D) sole proprietorships have the most freedom from government regulation.E) sole proprietors must follow all laws, including federal, state, and local regulations, securities laws, and employee and consumer protection regulation.