When a Business Is Set Up as a Sole Proprietorship

question 250

True/False

When a business is set up as a sole proprietorship, the owner of the business faces limited liability.

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Definitions:

Aggressive Model

A theory or framework that explains aggressive behavior as a learned response, often through observation and imitation of others.

Justified Aggression

Aggressive behavior that is deemed acceptable or reasonable under certain circumstances.

Imitate

The action of copying or mimicking the behaviors, actions, or appearance of someone else as a form of learning or social interaction.

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors that lead to distress, impairment, or both.