Which of the Following Statements Is True

question 72

Multiple Choice

Which of the following statements is true?

• A) The risk of failure for women-owned businesses is lower than average.
• B) Women are starting businesses at about the same rate as men.
• C) Women are almost always sure to succeed.
• D) Women own 7.7 million businesses in the United States.
• E) Minority business owners pay lower federal tax on profits than men do.

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Definitions:

Tax Status

A classification given to an individual or entity by a governmental authority that determines how they are taxed, which can include categories such as single, married, or corporation.

Domestic

Pertaining to or occurring within a particular country; not foreign or international.

Promoters

Individuals or companies that organize and finance the formation of a corporation or event.

Subscription Agreements

Contracts between a company and investors, detailing the purchase of shares of the company by the investors.