Which of the Following Is a Disadvantage of Sole Proprietor

question 59

Multiple Choice

Which of the following is a disadvantage of sole proprietor ownership?

• A) ease of dissolution
• B) no special taxation
• C) ease of formation
• D) difficulty in raising capital

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Definitions:

Phallic

Pertaining to the phallus or penis, often used in psychoanalytic theory to describe the stage of psychosexual development focused on the genital organs.

Latency

The period of delay before a response or the onset of a disease after exposure to a stimulus or pathogen.

Genital

Relating to the reproductive organs; also used to describe the phase of psychosexual development in psychoanalytic theory that focuses on the genitals.

Phallic Stage

A phase in Freudian psychosexual development, occurring roughly between the ages of 3 and 6 years, where the libido (sexual energy) is focused on the genitals.