Business Assets of a Sole Proprietorship Are Owned by

question 109

Multiple Choice

Business assets of a sole proprietorship are owned by

• A)a member.
• B)an individual.
• C)a partner.
• D)a stockholder.

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Definitions:

National Average

The median or mean value derived from a set of data collected across a country, used as a benchmark for comparison.

Pay Rates

The amount of money received by an employee in exchange for performing a specific job, typically expressed in terms of hourly wage or annual salary.

Standard of Comparison

A benchmark or criterion used to evaluate the quality or performance of a product, service, or individual.

Equity

The value of shares issued by a company, representing ownership interest, or fairness and impartiality within the context of employment or law.