Torrie Is Thinking of Starting Up a Small Business Selling

question 183

Multiple Choice

Torrie is thinking of starting up a small business selling hand-painted wine glasses.She is considering setting up her business as a sole proprietorship.What is one advantage to Torrie of setting up her business as a sole proprietorship?

• A)As a sole proprietor,Torrie would face limited liability.
• B)As a sole proprietor,Torrie would have the ability to share risk with shareholders.
• C)As a sole proprietor,Torrie would have both ownership and control over the business.
• D)All of the above would be advantages of setting up her business as a sole proprietorship.

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Definitions:

Stability

The state of being resistant to change and maintaining the same conditions over time.

Serotonin

A neurotransmitter involved in many functions, including mood regulation, appetite, and sleep, often associated with feelings of well-being and happiness.

Monoamine Oxidase

An enzyme that breaks down monoamines, including neurotransmitters like dopamine and serotonin, impacting mood and behavior.

Neurotransmitters

Chemicals in the brain that transmit signals from one neuron to another, playing key roles in shaping mood and behavior.