A Significant Disadvantage of Owning a Sole Proprietorship Is the

question 288

Multiple Choice

A significant disadvantage of owning a sole proprietorship is the

• A) possibility of limited liability.
• B) heavy tax liability that must be assumed.
• C) overwhelming time commitment often required of the owner.
• D) lack of incentives to motivate the owner.

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Definitions:

Jounce

The upward movement of a vehicle's suspension components, such as when a wheel moves upwards towards the body of the vehicle in response to a bump.

Rebound

In automotive terms, the return movement of a car's suspension after it has been compressed, important for vehicle stability.

Aspect Ratio

The ratio of the width to the height of an image or screen, indicating its shape.

UTQG Rating

The Uniform Tire Quality Grading system, a tire rating system that evaluates tires based on treadwear, traction, and temperature resistance.