Betty starts up a business selling party supplies from a retail store.This business is very successful.She opens several other stores in the same city.She eventually has six similar stores in her city.She has a manager for each store who is paid a fixed annual salary.All her other employees are paid on an hourly basis.She has never chosen any particular form of business organization for this business.This business is most likely:

Question

Quizplus · Accepted Answer

Betty has not chosen any particular form of business organization, which typically indicates a sole proprietorship, where the owner operates the business without forming a separate legal entity.

Betty Starts Up a Business Selling Party Supplies from a Retail