Bill is starting up a new business. In order to raise the capital needed for the business, Bill has sold shares of his company to a few close relatives. This type of structure is known as a
sole proprietorship.
private corporation.
macroenterprise.
public enterprise.
public corporation.

Question

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The Answer of Bill is starting up a new business. In order to raise the capital needed for the business, Bill has sold shares of his company to a few close relatives. This type of structure is known as a
sole proprietorship.
private corporation.
macroenterprise.
public enterprise.
public corporation.

Bill Is Starting Up a New Business