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Questions and Answers
What is the most common form of business organization?
What is the most common form of business organization?
- Corporation
- Limited liability company
- Sole proprietorship (correct)
- Partnership
Which form of business organization offers limited liability to its owners?
Which form of business organization offers limited liability to its owners?
- Limited liability company
- Corporation (correct)
- Partnership
- Sole proprietorship
Which form of business organization involves two or more individuals sharing ownership and responsibilities?
Which form of business organization involves two or more individuals sharing ownership and responsibilities?
- Sole proprietorship
- Corporation
- Partnership (correct)
- Limited liability company
