Asked by
LGmashups - Lily Gilbert
on Nov 06, 2024
Verified
Which of the following forms of business ownership is directly linked to the life of its owner?
A) A sole proprietorship
B) An S corporation
C) A C corporation
D) A cooperative
E) A franchise
Owner
An Owner is the individual or entity that legally holds the rights to possess, use, and dispose of property, assets, or a business.
- Gain insight into the fundamental qualities of sole proprietorships, including aspects like their magnitude, accountability, and command.
- Identify the circumstances that facilitate the easy formation or dissolution of a business.
Verified Answer
RB
Learning Objectives
- Gain insight into the fundamental qualities of sole proprietorships, including aspects like their magnitude, accountability, and command.
- Identify the circumstances that facilitate the easy formation or dissolution of a business.