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Charles Wants to Start a Décor Business and Takes a Loan

question 29

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Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is up and running, Charles will have full control of the business and its profits. However, he will also be responsible for any losses that the business incurs. In this scenario, which of the following forms of business ownership is Charles planning to start?


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Heredity

The passing of traits from parents to offspring through genes.

Human Genome Project

An international scientific research project with the goal of determining the sequence of nucleotide base pairs that make up human DNA, and of identifying and mapping all of the genes of the human genome.

Specific Genes

Genes that are identified for their distinct roles in the development or function of an organism, often associated with particular traits or diseases.

Human Intelligence

A measure of the ability to learn from experience, solve problems, and use knowledge to adapt to new situations.

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