Which One of the Following Business Types Is Best Suited

question 45

Multiple Choice

Which one of the following business types is best suited to raising large amounts of capital?

• A)sole proprietorship
• B)limited liability company
• C)corporation
• D)general partnership
• E)limited partnership

---

Definitions:

Low Price

Refers to the practice of setting the cost of goods or services at a minimal level, often to attract customers or compete in the market.

High Price

The characteristic of goods or services being offered at a cost considered above the average or expected market value.

Nash Equilibrium

A concept in game theory where no participant can gain by unilaterally changing their strategy if the strategies of others remain unchanged.

Advertising Strategy

The plan and tactics a business uses to communicate with its market, promote its products or services, and attract customers.