This Type of Business Organization Is Entirely Legally Independent from Its

question 51

Multiple Choice

This type of business organization is entirely legally independent from its owners.

• A) sole proprietorship
• B) partnership
• C) public corporations
• D) hybrid organizations

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Definitions:

Canadian Dollar

The official currency of Canada, often represented by the symbol CAD or $CA, and used throughout the Canadian economy.

U.S. Dollar

The official currency of the United States, widely used as a benchmark and reserve currency around the world.

Absolute Purchasing Power Parity

A theory that posits currencies are at an equilibrium in exchange rates when they hold equal purchasing power in their respective countries.

Computer Retailer

A business or individual that sells computer hardware, software, and related accessories and services to consumers.