How Might a Sole Proprietorship Have a Possible Tax Advantage

question 188

Multiple Choice

How might a sole proprietorship have a possible tax advantage?

• A) It does not have to make tax payments until the end of the year.
• B) It does not have to pay federal income taxes.
• C) It does not have to charge sales tax on its merchandise.
• D) It does not pay special state and federal taxes that corporations pay.
• E) It is subject to a form of double taxation.

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Definitions:

Formula Selling Presentation

A structured sales approach that follows a predetermined script or formula, aiming to cover all relevant points and overcome potential objections systematically.

Need-satisfaction Presentation

A sales approach that focuses on identifying and meeting the specific needs of a potential customer.

Stimulus-response Presentation

A technique in marketing and psychology where a stimulus is presented to elicit a specific response from the target audience.

Need-satisfaction Format

A sales approach focused on identifying and fulfilling the needs and desires of potential customers.