Which Form of Business Ownership Is a Particularly Poor Choice

question 20

Multiple Choice

Which form of business ownership is a particularly poor choice for an aggressive entrepreneurial firm?

• A) C corporation
• B) Sole proprietorship
• C) Subchapter S corporation
• D) Limited partnership
• E) Limited liability corporation

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Definitions:

Mental Models

Mental models that depict the outside world, enabling people to comprehend and engage with their surroundings.

Decision Group

A group of individuals who come together to make decisions collectively, often with the aim of combining expertise for better outcomes.

Systematic Manner

An approach characterized by methodical and orderly procedures.

Equal Influence

The concept that all individuals or groups have the same level of power or impact in making decisions or shaping outcomes.