A medical practice that is managed by a board of directors is called a

Question

Quizplus · Accepted Answer

A medical practice managed by a board of directors is known as a corporation. A partnership involves two or more individuals owning and managing a business together, a proprietorship is a business owned and operated by one individual, and a franchise is a type of business model where an individual or group can purchase the right to operate under the name and system of an established company.

A Medical Practice That Is Managed by a Board of Directors