An Entity That Can Only Raise Equity Finance Through a Single

question 35

True/False

An entity that can only raise equity finance through a single owner's contributions and retained profits is a sole proprietorship.

---

Definitions:

Classified Ads

Short advertisements placed in a newspaper, magazine, or online, usually categorized by topic, such as jobs, real estate, and services.

Flat Fee

A pricing structure where a single fixed rate is charged for a service, regardless of usage or time required.

Résumés

Written compilations of a person's education, work experience, qualifications, and accomplishments, used as part of a job application.

Part-Time

Employment with fewer hours per week compared to full-time positions, offering limited work time and often fewer benefits.