The Major Reason Why Businesses Change from Sole Proprietorships to Other

question 76

Multiple Choice

The major reason why businesses change from sole proprietorships to other forms of ownership is to

• A) gain unlimited liability.
• B) avoid unlimited liability.
• C) avoid lack of continuity.
• D) obtain help and eliminate the problem of too much to do in one day.
• E) offer advancement opportunities for employees.

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Definitions:

On/off Control

A straightforward control technique which switches a system or device between its operational and non-operational states.

Analog Control

A method of controlling systems using continuous signals rather than digital or discrete signals.

Final Control Element

The component in a control system that directly regulates the flow of energy or material in the process, such as a valve or actuator.

Time Proportioning Control

A control method where the output is turned on and off at a rate proportional to the error value, used in PID controllers, for precise control.