A Sole Proprietorship

question 62

Multiple Choice

A sole proprietorship

• A)dies with the owner.
• B)is the same as a partnership.
• C)always bring a higher return to its owner than a corporation brings to its owners.
• D)is a not-for-profit firm.
• E)has a complex management structure.

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Definitions:

Conflict Perspective

A sociological viewpoint that emphasizes the role of power and coercion in producing social order, often focusing on the conflicts between different social classes or groups.

Social Solidarity

The bonds that unite members of a society through shared values, beliefs, and behaviors, promoting social cohesion and integration.

Racial Minorities

Ethnic groups that are smaller in number within a particular society or country, often facing systemic inequalities and discrimination.

Informal Deviance

Acts or behaviors that violate cultural norms or expectations but are not necessarily forbidden by law.