Jess and Kaley Own and Operate Little Tykes,a Small-Business Enterprise

question 24

Multiple Choice

Jess and Kaley own and operate Little Tykes,a small-business enterprise.Little Tykes pays taxes on its profits,and Jess and Kaley pay taxes on the profits that are afterwards distributed to them.Little Tykes is

• A)a corporation.
• B)a limited liability company.
• C)a partnership.
• D)a sole proprietorship.

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Definitions:

Restoration

The process of returning an ecosystem or habitat to its original state after it has been damaged or degraded.

Human Activities

Actions and behaviors carried out by humans that affect the natural environment, which can include agriculture, industry, and urban development.

National Parks

Protected areas established by governments aimed at conserving natural environments and wildlife, often visited for recreation and tourism purposes.