Which of the Following Is True of Sole Proprietorships in the United

question 178

Multiple Choice

Which of the following is true of sole proprietorships in the United States?

• A) They are the most important form of business organization in terms of their numbers.
• B) They are responsible for a large portion of the total production of goods and services in the U.S. economy.
• C) They offer the owners less personal liability than the other forms of business organization.
• D) There are no opportunity costs involved in operating such firms.
• E) Such firms employ only one individual.

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Definitions:

Cortical Changes

Modifications or adaptations in the brain's cortex due to learning, experience, injury, or other stimuli.

Shift Work

Employment scheduling practice that divides the workday into shifts, enabling operations to continue beyond the standard working hours.

Reticular Activating System

A network of neurons located in the brainstem that plays a central role in regulating wakefulness and sleep-wake transitions.

Electroencephalogram

A test that measures electrical activity in the brain using small, flat metal discs attached to the scalp.