Which Form of Business Ownership Is a Particularly Poor Choice

question 73

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:

Historical Data

Recorded information from past events and activities, used as a reference for analysis, decision making, and forecasting future trends.

Quality Improvement

The ongoing effort to improve the quality of products, services, or processes, typically involving systematic and continuous actions.

Decision Making

The process of selecting a course of action from among multiple alternatives, often involving both judgment and analysis.

Degree of Uncertainty

The extent to which outcomes or consequences are unknown or unpredictable.