The Most Common Form of Business Organization Is

question 116

Multiple Choice

The most common form of business organization is:

• A) joint venture
• B) partnership
• C) proprietorship
• D) corporation
• E) none of the other choices

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Definitions:

Acronym

A word formed from the initial letters of other words (e.g., NASA stands for National Aeronautics and Space Administration).

Improved Nutrition

An enhancement in dietary habits leading to better health outcomes, often involving increased intake of essential nutrients and reduced consumption of unhealthy foods.

Peer Pressure

The influence exerted by a peer group in encouraging a person to change their attitudes, values, or behaviors to conform to group norms.

Legal Blood Alcohol Limit

The maximum concentration of alcohol allowed in an individual's bloodstream while operating a vehicle, as prescribed by law.