Which form of business requires no government permission to set up?
A)Limited partnerships
B)Corporation
C)Professional corporation
D)Sole proprietorship

Question

Quizplus · Accepted Answer

A sole proprietorship is the only form of business that does not require any government permission to set up. This is because it is owned and operated by a single individual who is personally responsible for all aspects of the business. Other forms of business, such as corporations and limited partnerships, require government registration and approval before they can begin operating.

Which Form of Business Requires No Government Permission to Set