Which of the Following Statements Is True of an Individual

question 50

Multiple Choice

Which of the following statements is true of an individual proprietorship?

• A)It is owned by two or more partners.
• B)It is run and owned by the same person.
• C)It is considered a distinct and separate entity from its owners.
• D)It is a rare form of business ownership in the United States.

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Definitions:

Biological Divisions

Broad categorizations within biology that help to organize and classify life forms, such as kingdom, phylum, class, order, family, genus, and species.

Racial Discrimination

Unfair treatment of individuals based on their race or ethnicity, often manifesting in social, economic, and political exclusion or disadvantage.

Indigenous

Peoples native to a region, recognized for their distinct social, cultural, and historical traditions separate from dominant post-colonial cultures.

Mentoring

A personal development relationship where a more experienced or knowledgeable person helps to guide a less experienced or knowledgeable person.