Which organizational form best enables the owners of the firm to monitor the actions of other owners of the same firm?

Question

Quizplus · Accepted Answer

In a partnership, the owners have direct personal relationships with each other and are often involved in the day-to-day operations of the firm. This allows them to closely monitor each other's actions and decisions. Additionally, partnerships often have agreements in place that outline the roles and responsibilities of each partner, which further helps to ensure accountability and oversight.

Which Organizational Form Best Enables the Owners of the Firm