Jess and Kaley Own and Operate Little Tykes,a Small-Business Enterprise

question 24

Multiple Choice

Jess and Kaley own and operate Little Tykes,a small-business enterprise.Little Tykes pays taxes on its profits,and Jess and Kaley pay taxes on the profits that are afterwards distributed to them.Little Tykes is

• A)a corporation.
• B)a limited liability company.
• C)a partnership.
• D)a sole proprietorship.

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Definitions:

Neuron

A specific type of cell responsible for sending nerve signals; also known as a neuron.

All-Or-None Response

A neuron’s reaction of either firing (with a full-strength response) or not firing.

Neural Impulses

Electrical signals that travel along neurons, transmitting messages throughout the nervous system.

Sympathetic System

Part of the autonomic nervous system that prepares the body for 'fight or flight' responses, increasing heart rate, dilating airways, and mobilizing energy.