What Type of Business Entity Is a Business Owned and Operated

question 3

Multiple Choice

What type of business entity is a business owned and operated by one person?

• A) Sole proprietorship
• B) General partnership
• C) Business corporation
• D) Limited liability company

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Definitions:

Cloud Services

Internet-based services that provide computing resources like software, storage, and processing power, without the need for local infrastructure.

Optical Storage

A type of data storage that uses optical media, such as CDs and DVDs, to read and write data using lasers.

Flash Drive

A portable storage device that uses flash memory and is commonly used for data storage, backup, and transfer.

Hard Drives

Storage devices used to save and retrieve digital information using one or more rigid rapidly rotating disks coated with magnetic material.