Which of the Following Is True About a Sole Proprietorship

question 21

Multiple Choice

Which of the following is true about a sole proprietorship?

• A)A sole proprietorship is a legal entity.
• B)A sole proprietorship cannot sue or be sued.
• C)A sole proprietorship as form of business can be transferred to someone else.
• D)A sole proprietorship has a life of its own apart from its owner.

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Definitions:

Derived Class

A class in object-oriented programming that inherits attributes and behaviors from another class known as the base class.

Inheritance

A feature of object-oriented programming that allows a new class to extend an existing class, inheriting its attributes and behaviors.

Polymorphism

A concept in object-oriented programming that allows methods to do different things based on the object it is acting upon.

Base Class

In object-oriented programming, the class from which other classes are derived, providing a common set of attributes and methods.