BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Paul is a ____ who owns and operates a used appliance shop.
A
dealer
B
merchant
C
UCC enforcer
D
buyer
Explanation: 

Detailed explanation-1: -Principal. The title of principal can imply multiple responsibilities that vary from one organization to another but it is most widely used for company founders, owners and CEOs.

Detailed explanation-2: -A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.

Detailed explanation-3: -A consumer is a person who buys and uses goods and services.

Detailed explanation-4: -Sole Proprietorship This is a business run by one individual for their own benefit. It is the simplest form of business organization. Proprietorships have no existence apart from the owners.

There is 1 question to complete.