Which of the Following Is Correct with Respect to Sole

question 177

Multiple Choice

Which of the following is correct with respect to sole proprietorships?

• A) The sole proprietorship is a separate legal entity.
• B) The sole proprietor has unlimited liability.
• C) The sole proprietor has limited liability.
• D) Sole proprietorship exists where two or more people carry on business together with a view towards profits.
• E) A sole proprietorship must be incorporated.

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Definitions:

Poly-X Female

A genetic condition in females characterized by the presence of more than two X chromosomes, leading to various physical and developmental features.

X Chromosomes

One of the two types of sex chromosomes, X and Y, that determine the genetic sex of an organism; X chromosomes carry a significant number of genes unrelated to sex.

Ovarian Failure

A condition in which the ovaries stop functioning before age 40, leading to a loss of regular menstrual cycles and infertility.

Turner Syndrome

A chromosomal disorder affecting females, characterized by the partial or complete loss of one of the two X chromosomes.