Which One of the Following Statements Concerning a Sole Proprietorship

question 186

Multiple Choice

Which one of the following statements concerning a sole proprietorship is correct?

• A) A sole proprietorship is the least common form of business ownership.
• B) The profits of a sole proprietorship are taxed twice.
• C) The owners of a sole proprietorship share profits as established by the partnership agreement.
• D) The owner of a sole proprietorship may be forced to sell his/her personal assets to pay company debts.
• E) A sole proprietorship is often structured as a limited liability company.

Recognize the complexities of measuring intelligence, including the role of genetics and the environment.

Identify the effects of societal stereotypes on test performance and self-perception.

Comprehend the relationship between identity (racial, gender) and performance in specific contexts.

Understand heritability estimates and their limitations in explaining group differences in intelligence.