Which of the Following Statements Is True of a Sole

question 29

Multiple Choice

Which of the following statements is true of a sole proprietorship?

• A) A sole proprietorship is the most expensive type of business to start.
• B) The life of a sole proprietorship is limited.
• C) Sole proprietorships must rely on equity contributions from the public.
• D) The liability of owners of a sole proprietorship is limited.

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Definitions:

Ages 50-60

A period in human life often associated with the transition into later adulthood, characterized by both challenges and opportunities for growth.

Ages 25-35

Ages 25-35 typically refer to the period of early adulthood, characterized by transitions in personal and professional life, such as career establishment and forming long-term relationships.

Implicit

Refers to memories, attitudes, or learning that occurs and can influence behavior without being consciously acknowledged or retrieved.

Declarative Memory

The aspect of human memory that stores facts and events, which can be consciously recalled and articulated.