The Form of Business Ownership That Is the Most Easily

question 5

Multiple Choice

The form of business ownership that is the most easily transferable is the:

• A) general partnership.
• B) corporation.
• C) limited liability company.
• D) limited partnership.

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Definitions:

Minority Ownership

A holding of less than 50% of the voting shares in a company, which does not provide control over the company's operations.

Corporate Investor

An entity, typically a company, that invests its resources in other companies, either to gain strategic advantages or financial returns.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to standardize financial reporting globally.

GAAP

Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction, particularly in the United States.