A Form of Business Entity Owned by One Person Is

question 44

Short Answer

A form of business entity owned by one person is called a(n)________.

---

Definitions:

Systematic Risk

The inherent risk that affects the entire market or economy, and cannot be avoided through diversification.

Unsystematic Risk

The danger linked to a particular business or sector, which can be lessened by spreading investments across different areas.

Well-Diversified Portfolio

A collection of investments across various asset classes and industries intended to reduce risk through the principle of diversification.

Historical Relationship

A reference to the way entities or variables have interacted or correlated with one another in the past.