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:

Sound Wave Frequency

The number of sound waves that pass a fixed point in a unit of time, typically measured in Hertz (Hz).

Hertz (Hz)

The unit of frequency in the International System of Units (SI), representing one cycle per second.

Spiral Organ

Also known as the organ of Corti, it is located in the cochlea of the inner ear and is essential for hearing.

Loudness

The perceptual characteristic of sound that corresponds to the magnitude of the sound pressure wave and is mainly determined by the amplitude of the sound wave.