One Disadvantage of the Proprietorship Is

question 64

Multiple Choice

One disadvantage of the proprietorship is:

• A)it is the least regulated form of business ownership.
• B)limited personal liability.
• C)excessive access to capital.
• D)limited skills and abilities.

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Definitions:

Bureaucratic Identity

Refers to the perception and representation of individuals within structured organizations or governments, highlighting roles, hierarchy, and group identification.

Rhesus Monkeys

A species of monkey commonly used in biological and medical research, known for their intelligence and complex social behaviors.

The Self

Consists of one’s ideas and attitudes about who one is.

Role

A set of expected behaviors, rights, obligations, and norms associated with a social position or status.