Which Type of Business Organization Is Owned by Its Shareholders

question 120

Multiple Choice

Which type of business organization is owned by its shareholders?

• A) Corporation
• B) Partnership
• C) Limited liability company
• D) Sole proprietorship
• E) Not-for-profit company

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Definitions:

Foreign-Currency Exchange

The trading of one currency for another, determining how much one currency is worth in terms of the other.

Exports

Goods or services sent from one country to another for trade or sale.

Supply

The total amount of a specific good or service that is available to consumers.

Foreign-Currency Exchange

The trading of one currency for another, determining how much one country's currency is worth in another country's currency.