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Business organization multiple choice questions and answers

09/04/2021 Client: muhammad11 Deadline: 2 Day

Out of all of the business types you learned about, _____________ is the most complex in order to form.

a. sole proprietorships

b. partnerships

c. a limited partnership

d. corporations

=======================================

The following disadvantages: Unlimited liability, limited capital, burden of responsibility on the owner, and limited life apply to a_________.

a. partnerships

b. sole proprietorship

c. limited liability company

d. corporations

=====================================

A cooperative apartment building is run by a ________ whose capital stock is owned by its tenants.

a. sole proprietorship

b. corporation

c. partnership

d. limited liability companies

=======================================

Which of the following is the most autonomous?

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