Which of the Following Is Disadvantage of a Sole Proprietorship

question 63

Multiple Choice

Which of the following is disadvantage of a sole proprietorship?

• A) The owner receiving all the after-tax profit.
• B) Unlimited liability.
• C) Quick decision making.
• D) Can be created through a simple business license.
• E) Less reliance on partners.

Understand the principles of positive self-talk and its influence on the subconscious.

Describe the impact of self-efficacy on personal goal achievement and problem-solving.

Explain Carl Rogers's contributions to psychology, particularly in therapy and self-concept.

Distinguish between sources of self-esteem and strategies for enhancing it.

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Definitions:

Physical Custody

A legal term referring to with whom a child lives and who is responsible for the daily care and decision-making for the child.

Kinship Care

A type of caregiving situation where a child is raised by relatives or close family friends when the biological parents are unable to do so.

Same-sex Families

Households led by couples of the same gender, either with or without children.

Transracial Adoption

The adoption of a child that is of a different race or ethnic background from the adoptive parents, often involving unique cultural or identity considerations.