________ is the right to ownership of property and,for a small business owner,determines who has responsibility for ownership.

Question

Quizplus · Accepted Answer

The concept of title refers to the legal right of ownership of property and determines who has responsibility for ownership. It is important for small business owners to have a clear understanding of the concept of title as it affects their ownership of assets and liabilities. Choices A (Identification), B (Risk of loss), and D (F.O.B.) are not directly related to the concept of title.

________ Is the Right to Ownership of Property And,for a Small