This type of business organization is entirely legally independent from its owners.
A) sole proprietorship
B) partnership
C) public corporations
D) hybrid organizations

Question

Quizplus · Accepted Answer

Public corporations are legally independent entities separate from their owners. This means the corporation itself can own property, enter into contracts, sue and be sued, separate from the individuals who own it. Sole proprietorships and partnerships do not offer this level of legal separation between the business and its owners. Hybrid organizations can have characteristics of multiple types of businesses, but the term itself is too broad and not specifically indicative of legal independence from owners.

This Type of Business Organization Is Entirely Legally Independent from Its