Without Creating a Separate Business Organization,Reynold Starts Up,and Assumes the Financial

question 45

Multiple Choice

Without creating a separate business organization,Reynold starts up,and assumes the financial risk of,Sole Savers,a new,pre-owned auto sales enterprise. Reynold is

• A)a partner.
• B)a franchisor.
• C)a franchisee.
• D)a sole proprietor.

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Definitions:

PLC Program

A sequence of instructions written for a Programmable Logic Controller (PLC) to automate machinery or processes.

Structured Text

A high-level programming language designed for industrial automation. It resembles the syntax of Pascal and is one of the five languages for programming PLCs.

Functional Block Diagram

A graphical representation that illustrates the functions and flow of data among different blocks of a system, highlighting the system's functional interactions.

Ladder Diagram

An industry standard for representing relay logic control systems. The diagram resembles a ladder because the vertical supports of the ladder appear as power feed and return buses and the horizontal rungs of the ladder appear as series and/or parallel circuits connected across the power lines.