All of the Following Is an Advantage of a Sole

question 63

Multiple Choice

All of the following is an advantage of a sole proprietorship except:

• A) creating one is easy and inexpensive
• B) limited liability
• C) it is not subject to double taxation
• D) the owner maintains complete control of the business
• E) business losses can be deducted against the sole proprietor's other sources of income

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Definitions:

Metabolism

The overall chemical functioning of the body, including all body processes that build small molecules into large ones (anabolism) and break down large molecules into small ones (catabolism).

Soluble Fiber

A type of fiber that dissolves in water, forming a gel-like substance that can help lower blood cholesterol and glucose levels.

Cholesterol Levels

Measures of the total amount of cholesterol in the blood, including both high-density lipoprotein (HDL) and low-density lipoprotein (LDL) cholesterol.

Saturated Fats

Fats containing a high proportion of fatty acid molecules without double bonds, considered less healthy in diets.