Which of the Following Is True About a Sole Proprietorship

question 70

Multiple Choice

Which of the following is true about a sole proprietorship in the United States?

• A)It is the most common form of business organization.
• B)It is responsible for a large portion of the total production of goods and services.
• C)It offers the owner the least personal liability of any form of business organization.
• D)There is no opportunity cost to operating the business.
• E)Only one individual can work in such a firm.

---

Definitions:

Interpersonal Relationships

Interactions and connections between two or more people which can be emotional, social, or professional in nature.

Independent Variable

A variable in an experiment or model that is manipulated to determine its effect on a dependent variable.

Verbal Punishment

A disciplinary method involving the use of words to reprimand or criticize someone for their actions, rather than physical consequences.

Problem Behaviors

Actions or conduct that are considered undesirable or disruptive, often studied in psychology and education.