When Carl First Started Drinking, All He Needed to Get

question 361

Multiple Choice

When Carl first started drinking, all he needed to get a buzz was two beers. Now it takes two six packs. This reduction in Carl's responsiveness to his "drug of choice" is called a

• A)drug compulsion.
• B)drug tolerance.
• C)physical withdrawal.
• D)psychological addiction.

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Definitions:

Owned By

Indicates possession or ownership of an asset, property, or company by an individual, group, or entity.

Accounting Equation

The fundamental principle of accounting that states assets equal liabilities plus owner's equity, providing the foundation for double-entry bookkeeping.

Supplies

Items used in the operation of a business that are consumed or are not permanent, such as stationery, cleaning products, and office supplies.

Limited Liability Company (LLC)

A company framework that merges the tax responsibilities of a partnership or sole proprietorship with the corporation's benefit of limited liability.