From the Perspective of Access to Capital, the Best Form

question 40

Multiple Choice

From the perspective of access to capital, the best form of business organization is the

• A) sole proprietorship.
• B) corporation.
• C) partnership.
• D) S corporation.

---

Definitions:

Compounded Semi-annually

A method of calculating interest where it is added to the principal amount twice a year, leading to interest on interest.

Monthly Payment

The amount paid every month over the course of a loan or mortgage to cover both principal and interest.

Conditional Sale Contract

A type of contract in which the sale of an asset or property is contingent upon certain conditions being met, often used in real estate and high-value purchases.

Ordinary Annuity

A financial product where regular payments are received or paid at the end of each period, such as monthly or annually.