Nick Wants to Start His Own Business

question 1

Multiple Choice

Nick wants to start his own business.Nick should consider a sole proprietorship if he:

• A)Expects rapid growth and want to be able to raise a large sum of money.
• B)Wants to make it easy to attract qualified employees.
• C)Wants to be his own boss and can accept unlimited liability.
• D)Wants to minimize the financial risk he must accept as the owner of a business.

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Definitions:

Anniversary

The date on which an event took place in a previous year, often celebrated or commemorated annually.

Malicious Code

Program or script designed to harm or exploit any programmable device, service, or network, often for damaging or stealing data.

Pharming

A cyberattack intended to redirect a website's traffic to another, fraudulent website without the user's consent or knowledge.

Phishing

A cyber attack that uses disguised email as a weapon to trick the recipient into believing that the message is something they want or need.