Which of the Following Is LEAST Likely to Accurately Describe

question 306

Multiple Choice

Which of the following is LEAST likely to accurately describe a wholesaler of digital recorders in the entertainment industry?

• A) It maintains a tracking system to monitor product delivery.
• B) It fulfills orders for electronics stores throughout the U.S.
• C) It ships digital recorders to retailers by truck and air freight.
• D) It sells digital recorders to final consumers over the Internet.
• E) Its customers sell digital recorders to final consumers worldwide.

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Definitions:

Partnership

A lawful business arrangement involving two or more people who divide management responsibilities and profits.

Business Profits

The earnings of a business after subtracting all expenses from its total revenues, indicating the financial success of the business.

Sole Proprietorship

A business structure where one individual owns and operates the business, bearing unlimited liability for its debts and obligations.

Registered

The process of recording information or property, like trademarks or land, with an official agency to establish legal ownership and protection.