Which of These Refers to an Unincorporated Business Owned by an Individual

question 121

Multiple Choice

Which of these refers to an unincorporated business owned by an individual for profit?

• A) Partnership
• B) Sole proprietorship
• C) Corporation
• D) Association
• E) Trade alliance

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Definitions:

Theorizing

The process of developing theories or a body of theories about something.

Social Harmony

The peaceful and cooperative coexistence among individuals in a society, characterized by mutual understanding and minimal conflict.

Talcott Parsons

An influential American sociologist known for his development of a general theoretical framework for the social sciences and his contributions to the theory of social action and the study of social systems.

Family Socialization

The process by which parents and other family members teach children the norms, values, and behaviors appropriate to their society.