In Terms of Costs to Organize Each,which of the Following

question 90

Multiple Choice

In terms of costs to organize each,which of the following sequences is correct,moving from highest to lowest cost?

• A)General partnership,sole proprietorship,limited partnership,corporation.
• B)Sole proprietorship,general partnership,limited partnership,corporation.
• C)Corporation,limited partnership,general partnership,sole proprietorship.
• D)Sole proprietorship,general partnership,corporation,limited partnership.

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Definitions:

Shoemaking

is the craft or industry involved in the design, production, and repair of shoes, including both traditional techniques and modern manufacturing.

Opportunity Cost

Opportunity cost represents the value of the best alternative that is foregone when making a choice, highlighting the trade-offs involved in any decision.

Loads of Laundry

Quantity of laundry being washed and dried in a single operation or cycle.

Opportunity Cost

The cost of forgoing the next best alternative when a choice is made, representing the benefits one misses out on.