Examlex

Solved

In a Sole Proprietorship,the Owner Is Personally Responsible Without Limitation

question 59

True/False

In a sole proprietorship,the owner is personally responsible without limitation for the liabilities incurred by the company.


Definitions:

Psychological Makeup

The combination of emotional, mental, and personality characteristics that define an individual.

Stimulus Variable

An environmental, psychological, or physiological factor that can cause a change in the behavior or physiological state of an individual.

Online Testing

The administration of exams or assessments over the internet, allowing for remote evaluation of subjects' knowledge, skills, or psychological traits.

Expensive

Having a high price or cost, often reflecting high quality, rarity, or significant value.

Related Questions