BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What are the three types of business structures?
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Sole trader, partnership, Firm
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Company, Partnership, Trust
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Sole trader, partnership, company
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Partnership, Company, Trust
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Explanation:
Detailed explanation-1: -Find the complete list below: Sole Proprietorship. Partnership. Limited Liability Partnership.
Detailed explanation-2: -The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.
Detailed explanation-3: -The four main forms of business structures in the United States include sole proprietorship, partnership, limited liability company, and corporation.
Detailed explanation-4: -Partnerships are the simplest structure for two or more people to own a business together. There are two common kinds of partnerships: limited partnerships (LP) and limited liability partnerships (LLP).
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