Which of the following forms of business involves the separation of ownership and management?
A) Partnership
B) Sole proprietorship
C) Corporation
D) Association
E) Co-operative

Name: Which of the following forms of business involves the separation of ownership and management? A) Partnership B) Sole proprietorship C) Corporation D) Association E) Co-operative
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Question

Quizplus · Accepted Answer

In a corporation, ownership is separated from management, as shareholders own the company while managers run it.

Which of the Following Forms of Business Involves the Separation