Identify Which of the Following Statements Is False

question 116

Multiple Choice

Identify which of the following statements is false.

• A) A sole proprietor is considered to be an employee of the business.
• B) A sole proprietorship is a separate taxable entity.
• C) A solely owned corporation is a sole proprietorship.
• D) All of the above are false.

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Definitions:

Homeostat

A device or mechanism that regulates its internal environment to maintain a stable condition, mirroring the concept of homeostasis in biological systems.

Parasympathetic System

A division of the autonomic nervous system responsible for conserving energy and promoting restful states by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

Sympathetic System

Part of the autonomic nervous system that activates the body's response to stress, preparing the body for action.

Endocrine System

A collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.