From the Perspective of Ownership Risk, the Best Form of Business

question 33

Multiple Choice

From the perspective of ownership risk, the best form of business organization is the ______.

• A) Sole proprietorship
• B) Corporation
• C) Partnership
• D) S Corporation

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Definitions:

Mental Illness

A broad range of conditions that affect mood, thinking, and behavior, often requiring medical or therapeutic treatment.

Drug Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Alcoholism

A chronic disease characterized by uncontrolled drinking and a preoccupation with alcohol.

Gross Sales

The total amount of sales recorded before any deductions for returns, allowances, or discounts.