3 Questions
What is a characteristic of a partnership?
Unlimited liability for all partners
Which of the following is a common type of organization?
Sole proprietorship
Which type of organization is characterized by the separation of ownership and control?
Corporation
Test your knowledge of different types of business organizations and their characteristics with this quiz. Identify common types of organizations and their defining features such as partnerships and separation of ownership and control.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
