A Business Owned by a Solitary Individual Who Has Unlimited

question 25

Multiple Choice

A business owned by a solitary individual who has unlimited liability for its debt is called a:

• A)corporation.
• B)sole proprietorship.
• C)general partnership.
• D)limited partnership.
• E)limited liability company.

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Definitions:

B. F. Skinner

A prominent psychologist renowned for his work in behaviorism, particularly the development of the theory of operant conditioning.

Hans Eysenck

A German-born British psychologist known for his work on intelligence and personality, particularly his development of the three-factor model of personality.

Unconditioned Stimulus

An impulse that inherently induces a reaction without requiring earlier education.

Classical Conditioning

Learning through the process of associating a naturally spontaneous stimulus with one that is prompted by environmental factors.