The three primary types of business organization are proprietorship, partnership, and corporation. Each type has characteristics that
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The three primary types of business organization are proprietorship, partnership, and corporation. Each type has characteristics that distinguish it from the other types. In the left column of the following table write the name of the type of business organization that is most likely to possess the characteristic that is described in the right column of the table. The first item is shown as an example.
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Business Type Characteristic Proprietorship Owned and operated by a single individual Corporation Su...View the full answer
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Rustia Melrod
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Related Book For 
Survey of Accounting
ISBN: 978-1259631122
5th edition
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
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