What Is the Most Likely Business Structure for a Small

question 48

Multiple Choice

What is the most likely business structure for a small house painting service that is operated by its owner?

• A) Trust.
• B) Partnership.
• C) Sole trader.
• D) Company.

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Definitions:

Associated Risks

The potential negative consequences or uncertainties linked to a particular action, decision, or situation.

Unethical Tactic

An unethical tactic refers to a morally wrong or forbidden approach to achieve something, often used in negotiations or competitions.

Negotiator

A negotiator is an individual who is involved in discussions between two or more parties with the goal of reaching an agreement or resolving a dispute.

Positive Consequences

Beneficial outcomes that result from certain actions or behaviors, often serving as incentives or rewards.