Which of the Following Is a Disadvantage Associated with the Ownership

question 78

Multiple Choice

Which of the following is a disadvantage associated with the ownership of a small business?

• A) easier fundraising
• B) unlimited management skill
• C) fewer government regulations
• D) extreme personal commitment

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Definitions:

National Industrial Recovery Act

A legislation passed in 1933 as part of President Franklin D. Roosevelt's New Deal, aimed at stimulating economic recovery during the Great Depression by regulating industry standards and workers' rights.

Economic Recovery

The process of recovery in an economy that leads to increased business activity, employment, and production after a period of recession or downturn.

Workers' Wages

The compensation or earnings paid to employees or laborers for their work or services, usually expressed in terms of hourly, daily, or monthly rates.

Reconstruction Finance Corporation

A government corporation in the United States created by Congress in 1932 to provide financial support to state and local governments and make loans to banks, railroads, mortgage associations, and other businesses.