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At the End of the Year, an Individual, Small Business

question 118

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At the end of the year, an individual, small business owner has made $65,000 in profit. Who does that profit belong to?


Definitions:

Stereotype

A simplified and fixed image or idea of a particular type of person or thing, commonly held in a manner that dismisses individual differences.

Prejudice

A preconceived opinion or bias against a person, group, or topic that is not based on reason or actual experience.

Cognition

The process of obtaining knowledge and insight through mental effort, experiences, and sensory input.

Affect

A term used to describe the experience of feeling or emotion.

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