Which form of business ownership has the most freedom from government regulation?

Question

Quizplus · Accepted Answer

Sole proprietorships have the most freedom from government regulation. Many government regulations-federal, state, and local-apply only to businesses that have a certain number of employees, and securities laws apply only to corporations that issue stock. Sole proprietors must follow all laws that apply to their business, including employee and consumer protection regulation.

Which Form of Business Ownership Has the Most Freedom from Government