USA HISTORY

SETTLING NORTH AMERICA 1497 1732

THE MIDDLE COLONIES NEW YORK DELAWARE NEW JERSEY PENNSYLVANIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is an owner of something.
A
refuge
B
proprietor
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Proprietor refers to an owner, i.e. someone who has legal and exclusive ownership of something. In particular, it refers to the owner of a sole proprietorship, in which case it is also called sole proprietor.

Detailed explanation-2: -possessor. noun. formal someone who owns or has something.

Detailed explanation-3: -the owner of a business establishment, a hotel, etc. a person who has the exclusive right or title to something; an owner, as of real property. a group of proprietors; proprietary.

Detailed explanation-4: -A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liability company (LLC), you are not a sole proprietor if you elect to treat the LLC as a corporation.

Detailed explanation-5: -An owner can either be a person or a legal entity that is the legal proprietor of a business. For example, a corporation (a legal entity) can be the owner of one or more companies. A sole proprietor specifically refers to the individual owner (proprietor) of a business being run as a sole proprietorship.

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