Choose the appropriate letter to match the characteristics with the type of company.A given characteristic may match more than one type of company.
CHARACTERISTIC
1.________ Issues shares of stock that are traded on a stock exchange such as the NYSE
2.________ The owner(s)of the business are personally liable for the debts of the company
3.________ Shares of stock must be purchased directly from current owners
4.________ Can raise more financial capital by selling stock to the greatest number of investors
5.________ The easiest form of business to start
6.________ The business ceases to exist upon the departure of one of the owners
7.________ The owner(s)pay taxes on the profits of the business
TYPE OF COMPANY
A.Partnership
B.Publicly traded corporation
C.Privately traded corporation
D.Sole Proprietorship
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