The Shareholders in a Sole Proprietorship Are Represented By

question 43

Multiple Choice

The shareholders in a sole proprietorship are represented by:

• A) the owner of the firm.
• B) the general partner of the firm.
• C) the board of directors of the firm.
• D) no one; sole proprietorships have no shareholders.

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Definitions:

Negotiating Process

The methodical approach employed by individuals or groups to resolve differences and achieve a settlement through discussion and compromise.

Emotionally Involved

Emotionally Involved means having strong feelings of care or affection towards someone or something, impacting decision-making and behaviors.

Constituencies

Groups or bodies of voters represented by an elected official or the clientele served by an organization.

Make Concessions

The act of yielding or compromising on certain points or demands in a negotiation in order to reach an agreement.