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At the End of the Year, an Individual, Small Business

question 118

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At the end of the year, an individual, small business owner has made $65,000 in profit. Who does that profit belong to?


Definitions:

Vas Deferens

The duct that conveys sperm from the testicle to the urethra.

Spermatic Cord

A bundle of fibers and tissues in males that includes the vas deferens, blood vessels, nerves, and the cremaster muscle, responsible for supporting the testes.

Inguinal Canal

A passage in the lower anterior abdominal wall which in men, contains the spermatic cord and in women, the round ligament of uterus.

Inguinal Ligament

The inguinal ligament is a band of tissue that runs from the pubic bone to the anterior superior iliac spine, forming the lower border of the abdomen.

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