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olga_2 [115]
3 years ago
9

Which of the statements below concerning a sole proprietorship is true?

Business
1 answer:
dybincka [34]3 years ago
5 0

Answer:

The answer is: D) It is easy to create a sole proprietorship.

Explanation:

One of the main characteristic of a sole proprietorship is the flexibility of setting it up or closing it.

Since a sole proprietorship is the most basic type of business, it is easy to create and probably the most common type of business in the whole world. For example an accountant or a lawyer setting up an office, or even a housewife selling handicrafts through Ebay.  

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A negotiable CD is a: a short-term unsecured promissory note issued by a company to raise funds for a short time period. b loan
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Answer:

d. marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

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This ultimately implies that, a negotiable certificate of deposit (NCD) is a marketable bank-issued time deposit that specifies the interest rate earned (interest-bearing time deposits) and a fixed maturity date.

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40. If you could live anywhere, where would it be?
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