Family control in the U.S. has gradually shifted toward the partnership form.

Question

Quizplus · Accepted Answer

This statement is true. Over the past few decades, family businesses in the U.S. have increasingly moved away from sole proprietorship and toward partnership structures that allow for shared ownership and decision-making among family members. This shift is driven by a desire to balance family dynamics and business growth, as well as to ensure the long-term sustainability of the company.

Family Control in the U