Which of the Following Legal Forms of Business Is Owned

question 1

Multiple Choice

Which of the following legal forms of business is owned and usually operated by a person who is responsible for its debts?

• A) Cartel
• B) Corporation
• C) General partnership
• D) Sole proprietorship
• E) Limited partnership

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Definitions:

Stimulus Discrimination

The ability to distinguish between different stimuli, often used in the context of learning and behavior modification.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, values, or ideas at the same time.

Stimulus Generalization

A psychological phenomenon where a response to a specific stimulus also occurs in response to similar stimuli, often used in marketing to create brand families or product lines.

Calcium Supplement

a dietary product intended to provide calcium, essential for bone health and other bodily functions, to those who may not get enough from their diet.