Multiple Choice
David has decided to open an auto-detailing business.He will pick up a car from the client,take it to his parents' garage,detail it,and return it to the client.If he does all of the work himself and takes no legal steps to form a special organisation,which type of business organisation,in effect,has he chosen?
A) Proprietorship
B) Partnership
C) Limited liability company
D) Company
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Which of the following is an example
Q34: Management accounting focuses on information for decision
Q35: The owners' claims to the assets of
Q37: Regarding accounting information and records,a proprietorship is
Q38: Venus Ltd paid $10,000 for an account
Q40: Sharon Samson starts a plumbing service called
Q41: Scott's Camera Shop started the year with
Q43: A creditor is a party that has
Q54: A business owner starts a new business
Q237: The income statement shows whether or not