Tyler Has Been Operating His Business as a Sole Proprietorship

question 182

Multiple Choice

Tyler has been operating his business as a sole proprietorship but decides that it is too much work for him to do alone.He does not want to file a lot of government forms,but would like to bring in someone to own and operate it with him.Tyler needs a

• A) partner.
• B) wife.
• C) merger.
• D) limited-liability company.

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Definitions:

Dissenting Opinions

Opinions that differ from the majority view, especially those differing from official verdicts or commonly held beliefs.

Anonymous Focus Groups

Research groups where participants’ identities remain unknown to both researchers and other participants, used to gather unbiased opinions and feedback.

Questionnaires

A research instrument consisting of a series of questions designed to gather information from respondents.

Quantitative Research

Quantitative research refers to the systematic empirical investigation of observable phenomena via statistical, mathematical, or computational techniques to collect and analyze numerical data and generate factual conclusions.