In Terms of Business Ownership, What Is Meant by Unlimited

question 8

Multiple Choice

In terms of business ownership, what is meant by unlimited liability?

• A) there is no limit on the amount an owner can borrow
• B) the business can borrow money for any type of purchase
• C) the owner is responsible for all business debts and legal liabilities
• D) shareholders can borrow money from the business

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Definitions:

Onlooker Play

A form of play where a child watches other children play but does not join in, often used to learn social cues.

Solitary Play

A form of play where a child plays alone, using their creativity and imagination without interacting with other children.

Associative Play

A stage of play in early childhood where children play together, engaging in similar activities or sharing materials without having a formal organization or goals.

Intrinsic Motivation

The drive to engage in activities for the inherent satisfaction or pleasure derived from the activity itself, rather than for some separable consequence.