Businesses can be organized in a variety of forms. The types of business forms found in the U.S. include all of the following EXCEPT:
A) corporation.
B) tax shelter.
C) partnership.
D) proprietorship.

Question

Quizplus · Accepted Answer

A tax shelter is not a form of business organization; it is a strategy used to reduce taxable income. Corporations, partnerships, and proprietorships are common forms of business organization.

Businesses Can Be Organized in a Variety of Forms