Which of the following legal forms of organization-based legitimacy indicators would be the least legitimate?
A)Corporation
B)LLC
C)Sole proprietorship
D)Partnership

Question

Quizplus · Accepted Answer

A sole proprietorship is the least legitimate form of organization-based legitimacy indicator because it is not a separate legal entity from the owner. The owner is personally liable for the business's actions and debts, which may make potential customers or stakeholders hesitant to do business with them. Corporations, LLCs, and partnerships offer more legal protections and are generally viewed as more legitimate options.

Which of the Following Legal Forms of Organization-Based Legitimacy Indicators