Darrell Inherited a Large Amount of Money from His Uncle

question 186

Multiple Choice

Darrell inherited a large amount of money from his uncle. Darrell wishes to start his own business, and his lawyers encourage him to make it a corporation. What disadvantage of a sole proprietorship are the lawyers trying to avoid?

• A) Unlimited liability
• B) Lack of management skills
• C) Retention of all profits
• D) Lack of money
• E) Double taxation

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Definitions:

Insight Therapies

A category of psychotherapies aiming to improve psychological functioning by increasing the client's awareness of underlying motives and defenses, often focusing on understanding the self and relationships.

Motivations

The reasons or psychological forces that drive individuals towards specific actions or behaviors.

Freud's Theory

A framework proposed by Sigmund Freud that emphasizes the influence of the unconscious mind on behavior, dividing the psyche into the id, ego, and superego.

Dream Interpretation

The process of attributing meaning to dreams, often considered important in various psychological theories for understanding unconscious desires or thoughts.