Which of the Following Statements About a Sole Trader Is

question 11

Multiple Choice

Which of the following statements about a sole trader is true?

• A)A sole trader with employees must change to a different business structure.
• B)Every sole trader must register their business name.
• C)There are no special requirements to start operating a business if the sole trader uses their own name.
• D)The sole trader must generally consult with customers,creditors and employees in deciding what the business will and will not do.

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Definitions:

Collectivist Cultures

Societies that prioritize the group over the individual, stressing the importance of the community and collective goals over personal achievement.

Advanced Form

A higher or more complicated version or stage of something.

Reasoning

The mental process of thinking about something in a logical, rational way to form conclusions, judgments, or inferences.

Stage-Environment Fit

Refers to the match between the characteristics and supports of the school environment and the developing person’s needs and capacities; influences well-being.