What do experts believe is likely to become one of the most popular types of business organizations?
A) Limited-liability companies
B) S-corporations
C) Partnerships
D) Sole proprietorships
E) Corporations

Question

Quizplus · Accepted Answer

Limited-liability companies (LLCs) are becoming increasingly popular due to their flexibility in management and taxation, as well as providing limited liability protection for the owners. Additionally, LLCs have fewer formalities and paperwork requirements compared to corporations, making them an attractive option for small business owners.

What Do Experts Believe Is Likely to Become One of the Most