A Separation Between Ownership and Management Is Most Likely to Occur

question 203

Multiple Choice

A separation between ownership and management is most likely to occur in a:

• A)Sole proprietorship.
• B)General partnership.
• C)Corporation.
• D)Limited liability partnership.

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Definitions:

Experience

The knowledge or skill that one gains over time through involvement in or exposure to activities.

Application Letter

A formal letter submitted to apply for a particular job or position, outlining the applicant's qualifications and interest in the opportunity.

Professional

Pertaining to or connected with a profession, exhibiting a courteous, conscientious, and generally businesslike manner in the workplace.

Applicants

Individuals who apply for a position, program, or opportunity.