GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Government
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Sole trader
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Partnership
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Company
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Detailed explanation-1: -Limited unregistered business is not a principal form of business organization. This type of business formation does not exist. Partnerships, sole proprietorship and corporations are all valid forms of business organizations.
Detailed explanation-2: -The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A Limited Liability Company (LLC) is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure.
Detailed explanation-3: -A sole trader or partnership does not have a separate legal entity.
Detailed explanation-4: -Sole Proprietorship. General Partnership. Limited Liability Company (LLC) Corporations (C-Corp and S-Corp)