Multiple Choice
Which of the following legal forms of business is owned and usually operated by one person who is responsible for its debts?
A) corporation
B) general partnership
C) sole proprietorship
D) cartel
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q85: Describe the three distinct bodies of corporate
Q86: The startup costs of a franchise are
Q87: Which of the following occurs when two
Q88: According to SBA estimates,roughly _ of all
Q89: Small business investment companies (SBICs)invest in companies
Q91: In a _,a firm sells one or
Q92: A locally owned and operated restaurant is
Q93: The organizational form defined as a business
Q94: Which form of business ownership generates the
Q95: A partner who actively manages a firm