Fallon Wants Total Control Over the Decisions Related to His

question 97

Multiple Choice

Fallon wants total control over the decisions related to his business but is concerned that should the business fail, his personal assets are at risk. Fallon has chosen the ________ form of ownership.

• A) sole proprietorship
• B) C corporation
• C) general partnership
• D) S corporation

---

Definitions:

Editing Restrictions

Settings or permissions that limit how a document or file can be modified, commonly used in collaborative work to control changes.

Filling In Forms

The action of completing fields in a document or online form with required information.

Tracked Changes

A feature in word processing software that records alterations made to a document, showing who made the changes and what was changed.

Stop Protection

Terminating or disabling a security feature or protocol to allow certain operations that were previously restricted.