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:

Metopes

The square spaces, often decorated with relief sculpture, between the triglyphs in a Doric frieze.

Doric

One of the two systems (or orders) invented in ancient Greece for articulating the three units of the elevation of a classical building—the platform, the colonnade, and the superstructure (entablature). The Doric order is characterized by, among other features, capitals with funnel-shaped echinuses, columns without bases, and a frieze of triglyphs and metopes. See also Ionic.

Twisting Torso

A skyscraper in Malmö, Sweden, designed by Spanish architect Santiago Calatrava, characterized by its unique twisting, sculptural form inspired by the human body in motion.

Archaic

The artistic style of 600–480 BC in Greece, characterized in part by the use of the composite view for painted and relief figures and of Egyptian stances for statues.