Which of the Following Forms of Business Organization Restricts the Number

question 95

Multiple Choice

Which of the following forms of business organization restricts the number and type of shareholder?

• A) Sole proprietorship
• B) Co-op
• C) Limited liability company
• D) S-corporation
• E) Partnership

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Definitions:

Entire Transaction

The complete process or series of associated dealings, typically concerning a business or financial agreement.

Undue Influence

An act of unfairly persuading someone to make a decision that benefits another at their expense.

Confidential Relationship

A bond between parties that necessitates the trust to not disclose classified or private information.

Consent

Agreement or permission for something to happen or someone to do something, often given expressly by all involved parties.