Types And Basic Features of Business Enterprises/Organisations - SS1 Economics Past Questions and Answers - page 1
Which type of business has unlimited liability for the owner?
Corporation
Ā Limited Liability Company
Ā
Sole ProprietorshipĀ
Partnership
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Which type of business is owned by shareholders?
Corporation
Ā
Limited Liability Company
Ā
Ā
Ā
Sole Proprietorship
Partnership
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Which type of business combines the benefits of a corporation and a partnership?
CorporationĀ
Limited Liability Company
Ā
Ā
Ā
Sole Proprietorship
Cooperative
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Which type of business is owned and operated by a group of individuals who share the profits and have a say in the management of the business?
Ā Corporation
Limited Liability Company
Sole Proprietorship
Cooperative
Ā
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Which type of business has partners who share the profits and losses of the business?
Corporation
Ā
Limited Liability Company
Ā
Ā
Ā
Sole Proprietorship
Partnership
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What is a sole proprietorship?
Ā
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What is a corporation?
Ā
Ā
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