Which of the Following Statements Is True of a Sole

question 35

Multiple Choice

Which of the following statements is true of a sole proprietorship?

• A) A business operated under sole proprietorship cannot be transferred.
• B) Large businesses cannot be operated under sole proprietorship.
• C) A business operated under sole proprietorship should be owned by one or more people of the same family.
• D) Creditors can recover claims against the business from the sole proprietor's personal assets.

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Definitions:

IaaS

Infrastructure as a Service, a cloud computing model that provides virtualized computing resources over the internet.

Encrypted

Refers to data that has been converted into a secure format that prevents unauthorized access, often using a specific encryption algorithm.

Patient Records

Electronic or paper records that contain individuals' medical history, treatment notes, laboratory results, and diagnoses.

Store Locations

The geographical sites or online addresses where retail stores or service providers operate.