The most common form of business organization, as far as the number of such firms in business, is the
A) proprietorship.
B) partnership.
C) corporation.
D) S corporation.
Correct Answer:
Verified
Q95: A proprietorship is
A) two or more individuals
Q96: In a partnership, debts accumulated by one
Q97: In a partnership, legal responsibility for all
Q98: The most common type of firm in
Q99: Accounting profit can be calculated as
A) total
Q101: Corporations account for
A) the largest proportion of
Q102: Limited liability is a characteristic of
A) partnerships
Q103: Comparing proprietorships with partnerships, which is TRUE?
A)
Q104: Monitoring the performance of the people managing
Q105: Owners may have little to do with
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