Under which of the following legal forms of organization is ownership readily transferable?
A) sole proprietorships
B) partnerships
C) limited partnerships
D) corporations

Question

Quizplus · Accepted Answer

Corporations have ownership that is readily transferable through the buying and selling of stocks. Sole proprietorships and partnerships have restrictions on ownership transfer, and even in limited partnerships, the transfer of ownership is restricted for the limited partners.

Under Which of the Following Legal Forms of Organization Is