Which of the Following Is an Example of a Material

question 26

Multiple Choice

Which of the following is an example of a material artifact?

• A)The worn path across a campus
• B)Graffiti on the walls
• C)Buttons from a Civil War soldier's uniform
• D)The wear on the floor tiles of a supermarket
• E)The wear on the pages of a library book

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Definitions:

Sole Proprietorship

A business structure where a single individual owns, manages, and is personally responsible for all aspects of the business, including liabilities.

Liability

A legal obligation or debt that an entity is required to pay to another.

Financial Capital

Economic resources measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services.

Profit Rate

The ratio of net profits to total revenues of a business, indicating its efficiency at generating profit.