Which of the Following Is an Undesirable Situation Associated with Sole

question 40

Multiple Choice

Which of the following is an undesirable situation associated with sole proprietorships?

• A)Unlimited liability
• B)Dilution of stock
• C)Lack of flexibility
• D)Double taxation
• E)Lack of continuity

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Definitions:

Delphi Technique

A forecasting method that relies on a panel of experts answering questionnaires in two or more rounds to reach a consensus on the predictions for future events.

Kanban Systems

A workflow management method for defining, managing, and improving services that deliver knowledge work, using visual cues to trigger actions.

Low-Volume Parts

Components or items that are produced or needed in small quantities, often for specialized or custom applications.

External Failure Costs

Expenses incurred when products or services fail to meet quality standards after being delivered to the customer, including warranties and returns.