Businesses can be operated in a number of different forms,such as a
A)corporation.
B)partnership.
C)proprietorship.
D)all of the above.

Question

Quizplus · Accepted Answer

All three forms of businesses have their own advantages and disadvantages. A corporation offers limited liability to its shareholders, which means they are not personally liable for the company's debts. Corporations also have the ability to sell stocks to raise capital. A partnership allows two or more people to share the profits and losses of the business. Partnerships are relatively easy and low-cost to set up. A proprietorship is a business owned and operated by a single individual. Proprietorships are easy to start, have fewer legal requirements, and allow for more control for the owner. Therefore, the best choice depends on the specific needs and circumstances of the business.

Businesses Can Be Operated in a Number of Different Forms,such