Fixed-Alternative Questions Give Respondents Specific Limited-Alternative Responses and Ask Them

question 63

True/False

Fixed-alternative questions give respondents specific limited-alternative responses and ask them to choose the one closest to their own viewpoints.

---

Definitions:

Sole Proprietorships

A business structure where a single individual owns, manages, and is solely responsible for all aspects of the business, including liabilities.

Unlimited Liability

The potential for an owner to lose more than has been invested in a business.

Double Taxation

A situation in which the same income is taxed twice; this often occurs with corporate income taxes where earnings are taxed at the corporate level and again when distributed as dividends to shareholders.

Start-Up Investment

Start-up investment refers to the initial capital required to start a new business, including costs for product development, market research, and operational expenses.