A CD-ROM Drive Is the Oldest Type of Optical Drive

question 37

True/False

A CD-ROM drive is the oldest type of optical drive.

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Definitions:

Partnership Ownership

A form of business organization in which two or more individuals share ownership, profits, and liabilities.

Personal Liability

The legal obligation of an individual to repay his or her debts, often extending to personal assets if necessary.

Double Taxation

The imposition of two or more taxes on the same income, asset, or financial transaction, often occurring with income taxed both at corporate and personal levels.

Firm Life

The period during which a company operates, from its inception to the point it ceases operations or is dissolved.