Lee Wants to Go into the Business of Architectural Design

question 54

Multiple Choice

Lee wants to go into the business of architectural design. Among the reasons that might convince Lee to set up his business as a sole proprietorship would be​

• A) ​its greater organizational flexibility.
• B) ​its limited liability.
• C) ​its perpetual existence.
• D) ​the ease of transferring the business to other family members.

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Definitions:

Dialkyl Ethers

Organic compounds consisting of an oxygen atom bonded to two alkyl groups, often characterized by their ether functional group, R-O-R'.

IUPAC

International Union of Pure and Applied Chemistry, an organization that sets standards for naming chemical compounds.

Epoxypentan-1-ol

An organic compound featuring a five-carbon chain with an epoxide ring (a three-membered ring consisting of an oxygen atom and two carbon atoms) and a hydroxyl group at the first carbon.

Hydroxyethyl

A functional group or moiety featuring an ethyl backbone attached to a hydroxyl group, often represented as -CH2CH2OH.