Which Category Includes the Largest Number of Firms

question 183

Multiple Choice

Which category includes the largest number of firms?

• A)sole proprietorship
• B)partnership
• C)corporation
• D)S-corporation
• E)limited partnerships

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Definitions:

Gas Stations

Businesses that sell fuel for automobiles, motorcycles, and other vehicles, often offering additional services like convenience store products.

Tax Increase

The raising of taxes by a government, which can affect individuals, businesses, and the economy by influencing spending, saving, and investment behaviors.

Social Security Tax

Taxes collected to fund the Social Security program, which provides benefits to retirees, disabled individuals, and survivors of deceased workers.

Regressive

Describes a process or policy that disproportionately affects those with lower incomes or status, often applied to taxation.