Which of the Following Is the Most Likely Reason a Single

question 71

Multiple Choice

Which of the following is the most likely reason a single owner would establish a business as a corporation rather than as a sole proprietorship?

• A)Ease of setting up the business
• B)Limited liability
• C)Having to follow GAAP when preparing financial statements.
• D)Double taxation

Analyze the impact of consumer confidence and asset prices on inflation and unemployment.

Understand the significance of the sacrifice ratio in inflation reduction efforts.

Learn about the role of inflation expectations in economic policy outcomes.

Analyze the effects of internet proliferation and changes in government expenditures on the economy.

---

Definitions:

Sebaceous Gland

A tiny organ located in the skin that produces a lubricating oily substance known as sebum, which is released into the hair follicles to keep both the skin and hair moisturized.

Hair Follicles

Tubular invaginations of the epidermis from which hairs grow and are nourished.

Apocrine Gland

A type of gland found in the skin, breast, eyelid, and ear that secretes sweat, fatty compounds, and proteins, often associated with body odor.

Eccrine Gland

Sweat glands located all over the body that help in cooling the body through perspiration.