A Sole Trader Is

question 28

Multiple Choice

A sole trader is:

• A)entitled to business profits but not responsible for business losses.
• B)the owner of a business that is a legal entity separate from its owner.
• C)personally liable for business debts and losses.
• D)jointly and severally liable for business losses.

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Definitions:

Utilization Factor

The ratio of the actual time a system, machine, or resource is used to the total time it is available, often expressed as a percentage to indicate efficiency or capacity usage.

Queue Discipline

The rules or policies that determine the order in which tasks or customers are processed or attended to.