The easiest and most inexpensive form of business organization to establish is a
A) firm.
B) corporation.
C) partnership.
D) foundation.
E) proprietorship.

Question

Quizplus · Accepted Answer

A proprietorship is the easiest and least expensive form of business organization as it involves just one owner who has complete control over the business. It does not require any formal legal filings or agreements and the owner is personally liable for any debts or liabilities incurred by the business.

The Easiest and Most Inexpensive Form of Business Organization to Establish