The Major Reason Why Businesses Change from Sole Proprietorships to Other

question 76

Multiple Choice

The major reason why businesses change from sole proprietorships to other forms of ownership is to

• A) gain unlimited liability.
• B) avoid unlimited liability.
• C) avoid lack of continuity.
• D) obtain help and eliminate the problem of too much to do in one day.
• E) offer advancement opportunities for employees.

---

Definitions:

Marital Disruption

The process or event leading to the ending of a marriage or a significant change that negatively impacts the relationship between married partners.

Divorce

The legal dissolution of a marriage by a court or another competent body.

Church Membership

The formal affiliation or association with a specific church or denomination, often involving participation in religious activities and adherence to its doctrines.

Attendance

The act of being present at a place, such as at an event, meeting, or institution like a school.