Low Start-Up Costs and Simplicity of Operations Are Among the Main

question 4

Multiple Choice

Low start-up costs and simplicity of operations are among the main advantages of

• A) a sole proprietorship.
• B) selling shares.
• C) incorporating.
• D) a co-operative.
• E) none of these.

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Definitions:

Legal Scholars

Experts or academics specializing in the study and analysis of law, often contributing to the development of legal theories and knowledge.

Law and Morality

The study and relationship between legal principles and moral philosophy, considering how laws reflect or should reflect societal values.

Law and Justice

Law and Justice concern the systems, principles, and processes that facilitate fairness, equity, and moral rightness in society.

Treaties

Formal agreements between countries that are legally binding.