The Sole Proprietorship Is the Best Form of Ownership for Entrepreneurs

question 37

True/False

The sole proprietorship is the best form of ownership for entrepreneurs launching their first businesses.

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Definitions:

Virtue

A trait or quality deemed to be morally good and thus is valued as a foundation of good moral being.

Exercise Authority

The act of utilizing one's power or right to give orders, make decisions, and enforce obedience.

Progressive Ideology

A set of beliefs or political philosophy that emphasizes progress, reform, and improvement in societal conditions, often advocating for civil liberties, human rights, equality, and environmentally sustainable practices.

Social Harmony

The state of peaceful coexistence and cooperation among individuals in a community, contributing to overall societal stability.