Which of the Following Forms of Business Organization Is the Most

question 96

Multiple Choice

Which of the following forms of business organization is the most common in the United States?

• A)Sole proprietorship
• B)Partnership
• C)Corporation
• D)Nonprofit organization
• E)Producer cooperatives

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Definitions:

Conflict

A disagreement or argument where there is a clash of interests, values, actions, or directions.

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed, often written in a single document.

Privileges and Immunities

Rights and protections granted by law to citizens, often used in the context of those guaranteed under the Constitution to promote equality among states.

Commerce Clause

The provision in Article I, Section 8, of the U.S. Constitution that gives Congress the power to regulate interstate commerce.