A Business That Is Not a Legal Entity, Where There

question 22

Multiple Choice

A business that is not a legal entity, where there is one owner who is fully liable for all debts, is:

• A)a proprietary company.
• B)a partnership.
• C)a sole proprietorship.
• D)none of the above.

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Definitions:

Depression

A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, characterized by persistent sadness and a lack of interest or pleasure in activities.

Canadian University

A higher education institution located in Canada, offering a variety of undergraduate and postgraduate degrees.

Phobia

An intense, irrational fear of a specific object, situation, or activity leading to avoidance behavior that can significantly impact a person's life.

Anxiety

A psychological state defined by emotions of concern, anxiety, or dread so intense they disrupt an individual's everyday functions.