Which of the Following Is a Valid Difference Between Sole

question 11

Multiple Choice

Which of the following is a valid difference between sole proprietorship and partnership?

• A)Partnerships require a written agreement while sole proprietorships do not.
• B)Partnerships require a state charter while sole proprietorships do not.
• C)Partnerships generate lower profits than sole proprietorships.
• D)Partnerships are characterized by unlimited liability,while sole proprietorships are not.
• E)Partnerships consist of two or more partners sharing the responsibility of the firm,while sole proprietorship consist of a single individual.

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Definitions:

Passive

A grammatical voice or writing style where the focus is on the action being done to the subject, rather than the subject performing the action.

Pompous

Exhibiting self-importance or grandiosity, often characterized by an exaggerated display of dignity or importance.

Communication Style

The distinct manner or approach an individual uses to interact, share information, and express themselves to others.

Preferred Communication Style

An individual’s favored way of exchanging information and ideas with others, such as through verbal, written, visual, or nonverbal means.