Which of the Following Is a Disadvantage of a Sole

question 3

Multiple Choice

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

• A)The owner is personally liable for the debts of the firm.
• B)The firm is subject to double taxation.
• C)The profits of the firm have to be shared between its members.
• D)The costs of formation of the firm are more compared to other business forms.

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Definitions:

Muscle Tension

The condition in which muscles of the body remain semi-contracted for an extended period.

Contraction

The tightening of a muscle in response to a stimulus, which results in movement or tension.

Anaerobic Respiration

A form of respiration using electron acceptors other than oxygen, typically seen in conditions where oxygen is scarce.

Lactate

An ion or ester of lactic acid, which is produced in muscles during intense exercise as a product of anaerobic metabolism.