Which of the Following Statements Is TRUE for a Proprietorship

question 122

Multiple Choice

Which of the following statements is TRUE for a proprietorship?

• A)Legally,a proprietorship is separate from the proprietor.
• B)For accounting purposes,a proprietorship is separate from the proprietor.
• C)For accounting purposes,a proprietorship is not separate from the proprietor.
• D)A and B

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Definitions:

Genital Herpes

A sexually transmitted infection (STI) caused by the herpes simplex virus (HSV), leading to genital sores and discomfort.

Skin Elasticity

The skin's ability to stretch and return to its original shape, a property that decreases with age, leading to wrinkles and sagging skin.

Skin Deterioration

The process of the skin aging or becoming damaged over time due to various factors including sun exposure, lifestyle, and genetics.

Skin Elasticity

A characteristic of the skin that allows it to stretch and return to its original shape, indicating its health and youthfulness.