Which of the Following Forms of Organization Is a Compromise

question 37

Multiple Choice

Which of the following forms of organization is a compromise between starting one's own business as an entrepreneur and working for someone else as an employee?

• A)Limited liability company
• B)Sole proprietorship
• C)Close corporation
• D)Franchise

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Definitions:

Passive Correlation

A statistical relationship between two variables where changes in one variable occur alongside but are not directly caused by changes in the other.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, feelings, and behaviors.

Intelligence

The ability to learn, understand, and apply knowledge, to reason and solve problems, and to adapt to new situations.

Weight

A measure of the mass of an object or individual, often used in a health context to discuss body mass and its implications for well-being.