Caleb Brown Has Been the Sole Owner of a Bicycle

question 2

Multiple Choice

Caleb Brown has been the sole owner of a bicycle sales and repair shop for several years.Which of the following business types would limit Caleb's personal liability exposure to the entity's debts?

• A)partnership
• B)limited-liability company
• C)sole proprietorship
• D)limited-liability partnership

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Definitions:

Ego Deficiency

A lack in the development or strength of the ego that can affect personal growth and understanding.

Misinterpreting Internal Cues

Incorrectly understanding or responding to physical or emotional sensations that originate within oneself.

Anticipate Needs

The ability to predict or foresee the requirements or needs of a situation or individual before they are explicitly expressed.

Alexithymia

A personality trait characterized by difficulty in identifying, describing, and processing one's own emotional states.