Which of the following is NOT true of a sole proprietorship?

A) Sole proprietorships are the least regulated form of business.
B) Sole proprietorships are the easiest form of business to establish.
C) Sole proprietorships are the most popular form of business organization (more sole proprietorships than other forms of business).
D) All of the above are true.

Answer: D

Business

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What is a product that is perceived as new by a potential adopter, whether the product is ?new to the world? or simply new to the individual?

a. an innovation b. a diffusion c. a simulated new product d. a laggard

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