menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Essentials Study Set 5
  4. Exam
    Exam 3: Entrepreneurship, New Ventures, and Business Ownership
  5. Question
    Which of the Following Legal Forms of Business Is Owned
Solved

Which of the Following Legal Forms of Business Is Owned

Question 35

Question 35

Multiple Choice

Which of the following legal forms of business is owned and usually operated by a single person who is responsible for its debts?


A) Cartel
B) Corporation
C) General partnership
D) Sole proprietorship
E) Limited partnership

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q30: Small businesses produce more patents per employee

Q31: When an investor is not interested in

Q32: What resources does a sole proprietorship primarily

Q33: What types of corporations are those comprised

Q34: Which of the following occurs when two

Q36: What type of partnership allows an organization

Q37: Most businesses in the United States are

Q38: Low start-up costs and tax benefits are

Q39: What term is most closely associated with

Q40: Which of the following is a unique

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines