Which of the Following Is Not an Advantage of a Sole

question 62

Multiple Choice

Which of the following is not an advantage of a sole proprietorship?

• A) It is easy to form and dissolve.
• B) It has unlimited liability.
• C) Profits are taxed as personal income.
• D) There owner has the flexibility of being his or her own boss.
• E) The owner keeps all profits.

Recognize the cultural impact on naming conventions and personal identity choices.

Understand how collectivist cultures prioritize family and community duties over individual choices.

Identify the geographical regions where collectivism and individualism are predominantly emphasized.

Recognize the cultural predisposition towards interpreting social behaviors and norms.

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Definitions:

Impression Management

The conscious or unconscious effort by individuals to control or influence the perceptions others have of them.

Fake Good

A response bias wherein individuals present themselves in an overly positive manner, often to meet social expectations or gain favor.

SASSI

A self-report screening tool designed to identify individuals who have substance dependency problems based on their responses to various questions.

Substance Dependency

A condition characterized by the compulsive use of substances (such as drugs or alcohol) despite harmful consequences, leading to physical and psychological dependence.