Margie Opened a Used Bookstore and Is Both the 100

question 18

Multiple Choice

Margie opened a used bookstore and is both the 100 percent owner and the store's manager.Which type of business entity does Margie own if she is personally liable for all the store's debts?

• A)Sole proprietorship
• B)Limited partnership
• C)Corporation
• D)Joint stock company
• E)General partnership

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Definitions:

Product Descriptors

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Product Features

Attributes or characteristics of a product that are intended to offer benefits and solve consumers' problems.

Brand Marks

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Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.