Which of the Following Is a Major Advantage of the Sole

question 144

Multiple Choice

Which of the following is a major advantage of the sole proprietorship?

• A)separation of ownership and control
• B)limited liability for business debt
• C)transferability of ownership and firm continuity over time
• D)ease of start-up
• E)ease of obtaining financing

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Definitions:

Speedy Trial

A legal right guaranteeing accused individuals a swift trial to avoid undue or prolonged incarceration without conviction.

United States Constitution

The supreme law of the United States that establishes the national framework of government and the fundamental rights of citizens.

Cyber-Burglar

An individual who unlawfully accesses computer systems or networks with the intent to steal data or cause harm.

Hacker

A person who illegally accesses or enters another person’s or a company’s computer system to obtain information or to steal money.