Which of the Following Statements Is Not True About Sole

question 95

Multiple Choice

Which of the following statements is not true about sole proprietors

• A) They are willing to risk their own resources to start a business
• B) They need a lot of money from others to start their business
• C) They want to minimize the costs of getting started
• D) They risk their personal assets for the business

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Definitions:

Cognitive Emotions

Emotions that are experienced as a result of cognitive processing and interpretation of events.

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Tacit Knowledge

Sternberg’s term for information that is not formally taught but is necessary to get ahead.

Critical

Pertaining to the analysis, assessment, or evaluation of the merit, fault, or significance of something.