Which of the Following Is an Advantage of a Sole

question 5

Multiple Choice

Which of the following is an advantage of a sole proprietorship?

• A) The owner has unlimited liability.
• B) The business ceases to exist when the owner dies.
• C) There is a limit to the amount one person can borrow.
• D) Profits are taxed as individual income.
• E) The owner enjoys lack of continuity.

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Definitions:

Acquired Motives

Motives that are learned throughout life, such as achievement, affiliation, and power, contrasting with biological motives.

Learning

The acquisition of knowledge or skills through experience, study, or by being taught.

Food And Water

Essential nutrients and hydration necessary for survival, growth, and health.

Cannon-Bard Theory

A theory of emotion that proposes that emotions and bodily changes occur simultaneously following a stimulating event, contrary to the sequential theory proposed by James-Lange.