Which of the Following Is NOT a Disadvantage of a Sole

question 8

Multiple Choice

Which of the following is NOT a disadvantage of a sole proprietorship as a form of business organization compared to the corporate form of business organization?

• A)Access to the capital markets
• B)Unlimited liability of the owners
• C)Subject to the double taxation
• D)Limited liability of the shareholders

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Definitions:

Contagion Theory

A social theory suggesting that ideas, attitudes, and emotions can spread through populations similarly to infectious diseases.

Gustave Le Bon

A French social psychologist best known for his work on crowd psychology and the study of the characteristics and behavior of crowds.

Type A

A personality type characterized by competitiveness, high ambition, aggressiveness, impatience, and a sense of urgency, which may be associated with stress and heart disease.

Relaxed

A state of physical or mental ease, lacking tension or anxiety.