Ford Is the Sole Proprietor of Go, a Game App

question 53

Multiple Choice

Ford is the sole proprietor of Go, a game app subscription service. As a sole proprietor, on the business's profits, Ford pays​

• A) ​no income taxes.
• B) ​only personal income taxes.
• C) ​only business income taxes.
• D) ​both personal and business income taxes.

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Definitions:

Social-Responsibility Norm

A societal rule that tells people they should help others who need assistance even if doing so is costly.

Subway Tracks

The rails upon which subway trains run, typically located underground in urban areas to provide mass transportation.

Social-Responsibility Norm

is a societal rule that people should help those who need assistance, based on the expectation that helping others is the right thing to do.

Altruism

The selfless concern for the well-being of others, often leading to acts of kindness without the expectation of reward.