Which of the Following Is a Characteristic of a Sole

question 269

Multiple Choice

Which of the following is a characteristic of a sole proprietorship?

• A) It is owned and managed by two or more people.
• B) It is an independent legal entity on its own.
• C) It is owned and managed by one person.
• D) The owner bears no personal responsibility for the debts of the business.

---

Definitions:

Social Media

Platforms and websites that enable users to create and share content or participate in social networking.

Traditional Promotional

Marketing strategies that use conventional media channels such as television, radio, print, and billboards to advertise products or services.

Ethics Policies

Guidelines and principles designed to govern behavior and decision-making within an organization, ensuring actions are morally right and in compliance with standards.

Behaviorally Targeted

Advertising or marketing strategies that use individuals' behavior and preferences to tailor messages or offers.