A Local Retail Shop Has Been Operating as a Sole

question 58

Multiple Choice

A local retail shop has been operating as a sole proprietorship.The business is growing and now the owner wants to incorporate.Which of the following is not a reason for this owner to incorporate?

• A)Ability to raise capital for expansion
• B)Desire to limit the owner's personal liability
• C)The prestige of operating as a corporation
• D)The ease in transferring shares of the corporation's stock

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Definitions:

Blood Vessels

Tubular structures carrying blood throughout the body, including arteries, veins, and capillaries, integral to the circulatory system.

Working Memory

A cognitive system responsible for temporarily holding information available for processing and is essential for reasoning and the guidance of decision-making and behavior.

Control

The ability to influence or direct people's behavior or the course of events.

Encoded

The process of converting information or data into a particular form, especially for computer processing.