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:

Pituitary

A small gland at the base of the brain responsible for regulating vital body functions and general wellbeing through hormone secretion.

Insulin

A hormone produced by the pancreas that regulates the amount of glucose in the blood.

Pancreas

An organ in the abdominal cavity involved in digestion and blood sugar regulation, producing digestive enzymes and insulin.

Female Pelvis

The lower part of the trunk of the human body between the abdomen and the thighs; in females, it includes the structures involved in reproduction.