The ________ is the most complex form of ownership and is a separate legal entity in the eyes of the law.
A)sole proprietorship
B)partnership
C)corporation
D)joint venture

Question

Quizplus · Accepted Answer

A corporation is a separate legal entity from its owners, meaning that it can own property, enter into contracts, and sue or be sued. It is also the most complex form of ownership, with a formal organizational structure and numerous legal requirements for formation and operation. Sole proprietorships and partnerships are simpler forms of ownership, while a joint venture is a temporary agreement between two or more parties for a specific project or goal.

The ________ Is the Most Complex Form of Ownership and Is