The Type of Business Organization That Can Continue Indefinitely Is

question 12

Multiple Choice

The type of business organization that can continue indefinitely is known as a:

• A) corporation.
• B) partnership.
• C) sole proprietorship.
• D) All of the above

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Definitions:

Act Protects

Refers to laws or regulations designed to safeguard interests, such as consumer protection acts or environmental acts that prevent exploitation or harm.

Units of Input

The quantities of the various inputs used in the production of goods or services.

Units of Output

A measurement of production, quantifying the total goods or services produced by a company or industry.

Productive

Having the ability or capacity to produce a significant amount or result, especially regarding economic goods or services.