Which of the Following Is NOT True of a Sole

question 66

Multiple Choice

Which of the following is NOT true of a sole proprietorship?

• A)Sole proprietorships are the least regulated form of business.
• B)Sole proprietorships are the easiest form of business to establish.
• C)Sole proprietorships are the most popular form of business organization (more sole proprietorships than other forms of business).
• D)Sole proprietors have limited liability.

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Definitions:

Clarifying Behavior

Actions taken by individuals, often leaders, to make information, expectations, or objectives more understandable and transparent.

Role Ambiguity

A situation in which an individual lacks clear information about job expectations, their role within the organization, or the scope of their responsibilities.

Work Unit

A functional component within an organization, typically made up of team members working together towards common objectives.

Representing Category

The act of exemplifying or embodying the characteristics of a broader class or group.