What Is the Default Legal Structure of a Self-Employed Individual

question 71

Multiple Choice

What is the default legal structure of a self-employed individual?

• A) Corporation.
• B) Partnership.
• C) Sole proprietorship.
• D) Employer.

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Definitions:

Supply Chain Visibility

The ability of a company to track and understand the movement and status of goods throughout the supply chain, from suppliers to end consumers.

Labor Costs

Expenses related to the compensation of employees for their work, including wages, salaries, and benefits.

Supply Chain Design

The process of determining the most efficient and effective layout of production, distribution, and inventory facilities along with the selection of suppliers and transportation methods.

Significant Investments

Major financial commitments made by a company or individual, often aiming to achieve long-term benefits or gains.