Arturo Wants to Start a Business Where He Is the Chief

question 143

Multiple Choice

Arturo wants to start a business where he is the chief executive officer and the company does issue stock.The type of business Arturo wants to start is a

• A)sole proprietorship.
• B)partnership.
• C)corporation.
• D)Any of the above could be correct.

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Definitions:

Type B Personality

Person who is relaxed and laid back, less driven and competitive than Type A, and slow to anger.

Competitiveness

The inclination to strive for success or superiority in a scenario, often through comparing achievements with oneself or others.

Ambition

A strong desire to achieve success or distinction, often requiring determination and hard work.

Trait

A characteristic way of thinking, feeling, or behaving that tends to be consistent and long-lasting across various situations.