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Questions and Answers
Which type of business entity is formed and administered as per corporate law?
Which type of business entity is formed and administered as per corporate law?
- Sole traders
- Partnerships
- Cooperatives
- Corporations (correct)
Which type of business entity is formed to sell a product or a service?
Which type of business entity is formed to sell a product or a service?
- Partnerships
- Sole traders
- Cooperatives
- Corporations (correct)
Which type of business entity is a specifically permitted and labelled type?
Which type of business entity is a specifically permitted and labelled type?
- Partnerships
- Cooperatives
- Corporations (correct)
- Sole traders
Which type of business entity is a limited liability company?
Which type of business entity is a limited liability company?
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Which type of business entity is commonly referred to as Ltd. in the United Kingdom?
Which type of business entity is commonly referred to as Ltd. in the United Kingdom?
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