Which of These Is an Advantage of Sole Proprietorship

question 86

Multiple Choice

Which of these is an advantage of sole proprietorship?

• A) Unique tax advantages
• B) Longer life because the business and owner are legally the same
• C) Owner's liability for the firm's debt limited to his or her investment in it
• D) Ease of raising large amounts of capital

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Definitions:

Basic Fault

A lack of connection between the child and mother that can later impact adult relationships.

Split Object Image

A concept in psychology referring to the mental representation a person has of another being, divided between positive and negative perceptions.

Transference

The process by which emotions and desires originally associated with one person are unconsciously redirected towards another.

Synchronicity

A concept proposing that events are "meaningful coincidences" if they occur with no causal relationship yet seem to be meaningfully related.