Which of the Following Is a Valid Difference Between Sole

question 19

Multiple Choice

Which of the following is a valid difference between sole proprietorship and partnership?

• A)Partnerships require a written agreement while sole proprietorships do not.
• B)Partnerships require a state charter while sole proprietorships do not.
• C)Partnerships generate lower profits than sole proprietorships.
• D)Partnerships are characterized by unlimited liability, while sole proprietorships are not.
• E)Partnerships consist of two or more partners sharing the responsibility of the firm, while sole proprietorship consists of a single individual.

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Definitions:

Auditory Hallucinations

A form of hallucination that involves hearing sounds, most often voices, that are not externally present.

Free Association

Technique in psychoanalysis in which the patient says whatever comes to mind at the moment.

Rational Emotive Therapy

A form of psychotherapy that identifies irrational beliefs, challenges them, and encourages the development of more rational and adaptive thoughts and behaviors.

Cognitive Therapy

Form of psychotherapy that focuses on how a person’s thoughts lead to feelings of distress, with the aim of helping them change these irrational thoughts.