BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following legal forms of organization is most expensive to organize?
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Sole proprietorships.
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Partnerships.
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Corporations.
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Limited partnership.
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Explanation:
Detailed explanation-1: -a) option c is correct. Corporations legal forms of organisation is most expensive to organize. Remaining option…
Detailed explanation-2: -The three major forms of business in the United States are sole proprietorships, partnerships, and corporations. Each form has implications for how individuals are taxed and resources are managed and deployed.
Detailed explanation-3: -These include corporations, cooperatives, partnerships, sole traders, limited liability company and other specifically labelled types of entities.
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