In terms of business volume, the dominant form of business organization is the:
A) Partnership.
B) Corporation.
C) Limited liability company.
D) Proprietorship.

Question

Quizplus · Accepted Answer

Corporations typically have the largest business volume due to their ability to raise large amounts of capital through the sale of stocks and bonds. Additionally, they can hire a large number of employees and expand their operations across multiple locations, further increasing their business volume. While partnerships, limited liability companies, and proprietorships can also be successful, they often have more limitations in terms of access to capital and resources.

In Terms of Business Volume, the Dominant Form of Business