Which of the Following Is an Advantage of a Sole

question 113

Multiple Choice

Which of the following is an advantage of a sole proprietorship?

• A)the ability to pool resources
• B)limited liability
• C)double tax exemption of the firm's earnings
• D)ease of organization
• E)ease of raising funds

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Definitions:

Data Collection

The systematic approach to gathering and measuring information from varied sources to get a complete and accurate picture of an area of interest.

Operational Definition

A clear, precise criteria for defining a term specifically within the context of an experiment or study.

Blood Alcohol Level

A measurement of the concentration of alcohol in the bloodstream, typically used to determine levels of intoxication or impairment.

Intoxication

Intoxication is the state of being under the influence of substances such as alcohol or drugs, which can alter mood, cognition, and physical function.