Which of the following is true of a sole proprietorship?
A) A business operated under sole proprietorship cannot be transferred.
B) Large businesses cannot be operated under sole proprietorship.
C) A business operated under sole proprietorship should be owned by one or more people of the same family.
D) Creditors can recover claims against the business from the sole proprietor's personal assets.
D
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Private-label brands are also calledÂ
A. category killers. B. closeouts. C. irregulars. D. store brands. E. inclusive brands.
Under the 2005 Act:
a. tax-exempt retirement accounts are included in the bankruptcy estate. b. a debtor's state exemptions are governed by the law of the state where the debtor was domiciled for 730 days immediately before filing. c. homestead exemptions are determined by state laws. d. exempt property cannot be reached for the debtor's obligations, including domestic support obligations.
Net income is not cash flow
Indicate whether the statement is true or false.
Several years ago, the Paradise Surf Shop was the only surf-gear store catering to women. It carried everything the serious female surfer needed to ride the waves. In terms of its merchandise assortment, it had a ________ assortment.
A. broad and deep B. shallow and narrow C. shallow and broad D. shallow and deep E. narrow and deep