A Sole Proprietorship Comes into Existence When a Person

question 24

Multiple Choice

A sole proprietorship comes into existence when a person

• A)registers a business name.
• B)begins to carry on a business.
• C)obtains a licence for a business.
• D)pays the fee for registering a business name.
• E)files articles of incorporation.

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Definitions:

Physical Exhaustion

A state of extreme physical fatigue resulting from excessive workload, stress, or lack of rest, often leading to reduced performance and health issues.

Emotional Exhaustion

A state of feeling emotionally drained or depleted as a result of accumulated stress from personal or work life.

Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged and intense stress.

High Risk

A situation or individual exposed to a high level of danger, harm, or failure.