MANAGEMENT

Detailed explanation-1: -The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.

Detailed explanation-2: -There are three common types of businesses-sole proprietorship, partnership, and corporation-and each comes with its own set of advantages and disadvantages. Here’s a rundown of what you need to know about each one. In a sole proprietorship, you’re the sole owner of the business.

Detailed explanation-3: -There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC.

Detailed explanation-4: -Intercompany agreements are contracts made among two or more businesses or divisions owned by the same parent company. It is a contract that refers to the internal transactions of sales or transfers of goods and services between the businesses.