Historically, What Have Been the Three Basic Forms of Business

question 3

Multiple Choice

Historically, what have been the three basic forms of business ownership in Canada?

• A) full partnership, nominal partnership, and silent partnership
• B) joint venture, cooperative, and holding company
• C) sole proprietorship, partnership, and corporation
• D) monopoly, duopoly, and oligopoly

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Definitions:

Monthly Payments

Monthly payments refer to the regular amounts paid monthly on a loan or lease over the duration of the agreement.

Rate Of Return

The advantage or disadvantage in the fiscal valuation of an investment over a designated period, communicated as a percentage of the investment's primary expense.

Business Venture

An entrepreneurial enterprise or company started with the aim of achieving growth and profitability.

Investing

is the act of allocating resources, usually money, with the expectation of generating an income or profit.