A business organized as a corporation is owned by its
  • Corporation
  • The proprietorship form of business organization
  • Proprietorships and partnerships.
  • Stockholders.
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation. More than one answer may be appropriate.Simple to establish.
  • Corporation
  • Sole Proprietorship & Partnership
  • Sole Proprietorship
  • Partnership
Match each of the following forms of business organization with a set of characteristics: sole proprietorship, partnership, corporation.Simple to set up and maintains control with owner.
  • Partnership
  • Sole Proprietorship & Partnership
  • Corporation
  • Sole Proprietorship
Most business enterprises in the United States are
  • Sole Proprietorship
  • Proprietorships and partnerships.
  • Sole proprietorship & partnership
  • Reduced legal liability for investors.
A business organized as a separate legal entity is a
  • Stockholders.
  • Corporation
  • The proprietorship form of business organization
  • Proprietorships and partnerships.
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation. More than one answer may be appropriate.Shared control.
  • Corporation
  • Marketing managers
  • Partnership
  • Sole proprietorship & partnership
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation. More than one answer may be appropriate.Easy to transfer ownership.
  • Corporation
  • Creditors
  • Partnership
  • Sole Proprietorship & Partnership
Match each of the following forms of business organization with a set of characteristics: sole proprietorship, partnership, corporation.Shared control, tax advantages, increased skills and resources.
  • Corporation
  • Partnership
  • Marketing managers
  • Sole Proprietorship
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation. More than one answer may be appropriate.Tax advantages.
  • Sole proprietorship & partnership
  • Sole Proprietorship
  • Corporation
  • Partnership
Indicate whether each statement below applies to a sole proprietorship, partnership, or corporation. More than one answer may be appropriate.No personal liability.
  • Sole Proprietorship & Partnership
  • Creditors
  • Partnership
  • Corporation
Match each of the following forms of business organization with a set of characteristics: sole proprietorship, partnership, corporation.Easier to transfer ownership and raise funds, no personal liability.
  • Sole Proprietorship
  • Corporation
  • Creditors
  • Partnership
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