Unit 1 Milestone Questions and Answers(100% VERIFIED A+ GRADED )2024 LATEST VERSION
UNIT 1 — MILESTONE 1 1 Which of the following is an example of a sole proprietorship? Shawn is a partner in a successful downtown law firm. He has a number of clients that he is exclusively responsible for, so he works very hard to make sure they're happy with his services. Matt and Carlene are both owners of a business that sells hand-crafted home goods via the Internet. Although they both own the business, Matt is solely responsible for the business operations. Issa and Raymond start a t-shirt printing company that earns a small profit in its first year of operation. They both invested capital in the business to get it up and running, so they are both glad to share in the small profit. Gabrielle started a dog-walking company. She sometimes worries about the fact that she has no one to share the potential liabilities of the company with, but she does enjoy retaining 100% of the profits. CONCEPT Sole Proprietorships and Partnerships 2 Which of the following is true of civil law? Defendants retain the right to remain silent. Evidence of guilt beyond a reasonable doubt is necessary for conviction. Possible remedies include monetary damages. Cases are always prosecuted by the government
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