Except for which type of business entity, is the business considered a separate legal entity from the owner?

In the context of business entities, a sole proprietorship stands out because it does not create a separate legal entity distinct from its owner. This means that the owner and the business are considered the same legal entity for purposes such as liability and taxation. This characteristic leads to personal liability for the owner's debts and obligations incurred in the course of running the business, as there is no legal shield separating the individual from the business's responsibilities.

In contrast, entities such as limited liability companies (LLCs), limited liability partnerships (LLPs), and S corporations provide a layer of separation between the owners and the business. These structures help protect personal assets from business liabilities, as the business is treated as a separate legal entity. Therefore, the correct answer is that a sole proprietor is the only type of business entity where the business is not considered a separate legal entity from the owner.