Which One of the Following Statements Is Correct with Respect

question 170

Multiple Choice

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

• A) A sole proprietorship is a separate legal entity with one shareholder.
• B) A sole proprietorship involves limited liability.
• C) The sole proprietor is a society under the Societies Act.
• D) A sole proprietorship involves unlimited liability for the proprietor.
• E) The sole proprietor is restricted to service type businesses.

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Definitions:

Cognitive Change

The transformation or development in an individual’s thinking, understanding, learning, and processing of information.

Emotional Regulation

The process by which individuals influence which emotions they have, when they have them, and how they experience and express these emotions.

Surgery

A branch of medicine that involves the manual and instrumental techniques to treat diseases, injuries, or deformities.

Challenge Stressor

A stressful situation or demand that, while potentially stressful, is perceived as an opportunity for learning, growth, or achievement.