Which statement regarding American businesses is TRUE?
A) Most American businesses are corporations.
B) Most American businesses are partnerships.
C) Corporations sell most of their products and services in the United States.
D) Sole proprietorships sell most of their products and services in the United States.
Correct Answer:
Verified
Q1: An economic institution that combines factors of
Q2: A firm is an economic institution that
Q3: Which goal BEST explains why entrepreneurs seek
Q4: _ possess most of the legal rights
Q5: Jim Delaney employs five people to make
Q7: Sole proprietors and partnerships share the characteristic
Q8: _ are more numerous, but _ sell
Q9: Which is an advantage of owning a
Q10: The characteristic of a corporation that MOST
Q11: Limited liability is important in encouraging business
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