Which of These Refers to an Unincorporated Business Owned by an Individual

question 121

Multiple Choice

Which of these refers to an unincorporated business owned by an individual for profit?

• A) Partnership
• B) Sole proprietorship
• C) Corporation
• D) Association
• E) Trade alliance

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Definitions:

Cost of Equity

The return a company requires to decide if an investment meets capital return requirements and is used in calculating the weighted average cost of capital.

Debt/Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, often used to gauge financial health and risk.

Required Rate of Return

The lowest yearly percentage gain from an investment required to attract individuals or businesses to invest in a specific security or venture.