Historically, what have been the three basic forms of business ownership in Canada?
A) full partnership, nominal partnership, and silent partnership
B) joint venture, cooperative, and holding company
C) sole proprietorship, partnership, and corporation
D) monopoly, duopoly, and oligopoly

Question

Quizplus · Accepted Answer

The historically recognized ownership forms in Canada are sole proprietorship, partnership, and corporation. Full partnership, nominal partnership, and silent partnership are subsets or types of partnerships, and joint venture, cooperative, and holding company are alternative business models. Monopoly, duopoly, and oligopoly are not forms of ownership, they describe the concentration of market power in various degrees.

Historically, What Have Been the Three Basic Forms of Business