Which of the Following Is an Advantage of a Sole

question 113

Multiple Choice

Which of the following is an advantage of a sole proprietorship?

• A)the ability to pool resources
• B)limited liability
• C)double tax exemption of the firm's earnings
• D)ease of organization
• E)ease of raising funds

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Definitions:

Operant Conditioning

A learning process where behaviors are influenced by consequences, including rewards and punishments.

Voluntary Behaviors

Actions that are performed intentionally, under an individual's control, as opposed to automatic or reflexive actions.

Social Learning Theory

A theory that suggests people learn from one another via observation, imitation, and modeling.

Higher Order Conditioning

A learning process whereby a stimulus that has been conditioned to produce a particular response is used in turn to condition a second stimulus to produce the same response.