A Business Owned by One Individual Is a Sole Proprietorship

question 3

True/False

A business owned by one individual is a sole proprietorship.

---

Definitions:

House-Senate Conference Committee

A temporary panel composed of House and Senate members appointed to reconcile differences in legislation that has passed both chambers.

Subcommittee

A smaller, specialized group formed from a larger committee to focus on specific tasks or issues within the committee's domain.

Social Agencies

Organizations devoted to providing social services to individuals or communities in need, often focusing on support, rehabilitation, or advocacy.

Demographic Factors

Statistical characteristics of populations, such as age, sex, income level, and education, which are used to identify and analyze different segments of the population.