The Owner of a Sole Proprietorship

question 57

Multiple Choice

The owner of a sole proprietorship:

• A) is legally the same as the business
• B) is taxed the same as the business
• C) may hire any number of employees
• D) is legally the same as the business and is taxed the same as the business
• E) is legally the same as the business and is taxed the same as the business and may hire any number of employees

---

Definitions:

Skewed

A distribution that is not symmetrical, with a majority of data points lying on one side of the mean.

Bimodal

A distribution with two different modes, or peaks, in a set of data, indicating two dominant frequencies or values.

Normal Distribution

Normal distribution, often called a bell curve, describes a symmetrical distribution of data where most values cluster around a central mean.

Outliers

Outliers are data points that differ significantly from other observations, often lying far outside the majority of a data distribution.