In a Sole Proprietorship,the Owner ________

question 79

Multiple Choice

In a sole proprietorship,the owner ________.

• A) obtains limited liability protection on the business's actions
• B) is taxed more than once for the income generated
• C) and the business are legally inseparable
• D) has lesser responsibility compared to other forms
• E) does not have personal liability for the transactions of the business

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Definitions:

Welcomes Change

The attitude of being open and receptive to new experiences, alterations in one’s environment, or differing ways of doing things.

Workforce Diversity

The inclusion of individuals from various backgrounds, cultures, races, ages, genders, and other distinct characteristics in the workforce.

Resistance To Change

The reluctance of people or groups to alter their behavior, processes, or attitudes in response to new situations or changes.

Creativity

A process influenced by individual and organizational factors that results in the production of novel and useful ideas, products, or both.