Which of the Following Is Not a Characteristic of Sole

question 79

Multiple Choice

Which of the following is not a characteristic of sole proprietorships?

• A)Owners pay self-employment taxes
• B)Formation is always tax-free
• C)Distributions of entity income are tax-free
• D)Loss is recognized on liquidation

---

Definitions:

Biopsychosocial Approach

An integrated perspective that acknowledges that biological, psychological, and social factors all play a significant role in human functioning.

Psychological Disorders

Mental disorders characterized by patterns of behavior or thought that are significant enough to interfere with an individual’s daily life and well-being.

Genetic Factors

Elements within an organism's genes that influence traits, behaviors, and susceptibility to certain conditions or diseases.

Biopsychosocial Approach

An integrated perspective that considers biological, psychological, and social factors in understanding health and illness.