Question: A ( n ) is the most basic type of business organization in which there is only one owner. S - corporation partnerships C -

A(n) is the most basic type of business organization in which there is only one owner.
S-corporation
partnerships
C-corporation
sole proprietorship
A(n) is the most basic type of business organization in which

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Which of the three basic forms of business organization is owned by one person? Multiple choice question. sole proprietorship corporation partnership Multiple choice question. is not taxed. does not...

Q:

Is Checkers Pizza's business practice a violation of public trust? Explain. Are there moral and / or ethical issues aligned with the business practices of Checkers Pizza? If so , discuss them. Should...

Q:

Which of the three basic forms of business organization is owned by one person? corporation sole proprietorship partnership

Q:

The most common type of business organization in the U.S. is the Select one: a. Sole Proprietorship b. Partnership c. Corporation d. LLC

Q:

1. Generally accepted accounting principles (GAAP) are formulated by the A. Financial Accounting Standards Board (FASB). B. Securities and Exchange Commission (SEC). C. Institute of Management...

Q:

The type of business organization that can continue indefinitely is known as a: sole proprietorship. partnership. corporation. None of the above Accounts Payable had a normal starting balance of...

Q:

A ( n ) is the most basic type of business organization in which there is only one owner. sole proprietorship partnerships C - corporation S - corporation

Q:

Descriptions of several different business orgarizations are given below. Deterrmine what type of organization the situation described refers to (sole proprietorship, partnership or corporation)....

Q:

I. You are to open your own business. Choose whatever business you want. 1 . Tell me the type of business Start out as a sole proprietorship 2 . For your sole proprietorship tell me the advantages it...

Q:

I. You are to open your own business. Choose whatever business you want. 1. Tell me the type of business Start out as a sole proprietorship 2. For your sole proprietorship tell me the advantages it...

Q:

An investment fun had a balance on January 1 of $273,000 and a balance on December 31 of $372,000. The amount of interest earned during the year was $18,000, and the computed yield rate on the fund...

Q:

A BBB-rated corporate bond has a yield to maturity of 8.2%. A U.S. Treasury security has a yield to maturity of 6.5%. These yields are quoted as APRs with semiannual compounding. Both bonds pay...

Q:

Give a detailed overview on the on the factors that needs to be considered when formulating a oil base product such as a bath oil and how the relationship between the ingredients and packaging could...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...