"Skimming" Is When an Identity Thief

question 51

Multiple Choice

"Skimming" is when an identity thief:

• A) Looks through your trash
• B) Calls homes to try to collect personal information
• C) Swipes a copy of your credit card
• D) All of these

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Definitions:

Sole Proprietorship

A business structure where the business is owned and run by one individual, where there is no legal distinction between the owner and the business entity.

Partnership

A business formed by two or more co-owners.

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, incurring debt, and being sued or suing.

Hybrid Partnership

A business organizational structure that combines features of both partnerships and corporations, allowing for flexibility in management and liability.