The Simplest Form of a Business, in Which One Individual

question 87

Multiple Choice

The simplest form of a business, in which one individual owns the business, is entitled to any profits, and is personally liable for all debts or obligations, is known as:

• A)A partnership
• B)A professional corporation
• C)A sole proprietorship
• D)A business corporation

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Definitions:

Pitch

Pitch refers to the perceived frequency of a sound, determining how "high" or "low" it sounds.

Basilar Membrane

A membrane running the length of the cochlea; sound waves cause a deformation of this membrane, bending the hair cells in the cochlea and thus stimulating the auditory receptors.

Place Theory

a theory in the field of hearing that suggests different areas of the cochlea in the inner ear respond to different frequencies of sound, aiding in pitch perception.

Opponent-Process Theory

A theory of color vision that proposes three pairs of color antagonists: red-green, blue-yellow, and white-black. Excitation of neurons sensitive to one member of a pair automatically inhibits neurons sensitive to the other member.