The Proprietorship Form of Business Organization

question 44

Multiple Choice

The proprietorship form of business organization

• A) must have at least three owners in most states.
• B) represents the largest number of businesses in the United States.
• C) combines the records of the business with the personal records of the owner.
• D) is characterized by a legal distinction between the business as an economic unit and the owner.

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Definitions:

John Holland

An American psychologist best known for his career development theory, which matches job environments to personal personalities and preferences.

Job Hunt

Job hunt refers to the process of actively seeking employment opportunities through various methods such as online job boards, networking, or direct applications.

Portfolio

A collection of work or documents that represent an individual's skills and accomplishments, often used for assessment or professional development.

Career

The pursuit of a lifelong ambition or the general course of progression towards lifelong goals.