Which of the Following Is an Advantage of Sole Proprietor

question 8

Multiple Choice

Which of the following is an advantage of sole proprietor ownership?

• A) direct control of the business
• B) keeping 50 percent of the profits
• C) limited liability
• D) better terms from suppliers

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Definitions:

Alcohol-abusing

The pattern of drinking that leads to significant and recurrent adverse consequences related to the use of alcohol.

Genuineness

The quality of being authentic and true to one's own personality, spirit, or character, often considered essential in fostering meaningful interpersonal relationships.

Client Growth

The process or outcome of improving or expanding the capabilities or resources of clients in various contexts, such as therapy, coaching, or business.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of the self and the actualization of an individual's potential.