Which form of business organization generate(s) the majority of business revenues and profits in the United States?
A) Sole proprietorship
B) Partnership
C) Corporation
D) Both A and B

Question

Quizplus · Accepted Answer

Corporations generate the majority of business revenues and profits in the United States. While sole proprietorships and partnerships are more common in terms of number of businesses, their revenues and profits are much lower than those of corporations.

Which Form of Business Organization Generate(s) the Majority of Business