Virginia,who Owns a Proprietorship,has Scheduled an Appointment to Talk with You

question 49

Essay

Virginia,who owns a proprietorship,has scheduled an appointment to talk with you about the advisability of incorporating.At this time,you know nothing about Virginia's business or her existing tax situation.List the questions you will need to ask during the appointment so you can help her make an informed decision.

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Definitions:

Deindividuation

The lessening of personal identity, self-restraint, and the sense of personal responsibility that can occur within a group.

Foot-In-The-Door Effect

A persuasive technique whereby agreeing to a small request increases the likelihood of agreeing to a second, larger request.

Polarization Phenomenon

The process where a group or individual's opinion becomes more extreme after discussion within the group, leading to more significant division.

Straight A Student

A student who achieves the highest possible grades in all their courses.