One Danger of Starting a Proprietorship Is That You May

question 24

True/False

One danger of starting a proprietorship is that you may be exposed to personal liability if the business goes bankrupt.This problem would be avoided if you formed a corporation to operate the business.

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Definitions:

Perception

The process by which sensory information is organized, interpreted, and consciously experienced.

Sensory Skills

Abilities related to the detection, identification, and interpretation of sensory information through sight, sound, smell, taste, and touch.

Physical Energies

The various forms of energy, such as kinetic, potential, thermal, gravitational, sound, light, elastic, and electromagnetic energy, that have physical properties.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.