Which of the Following Is Not a Type of Business

question 63

Multiple Choice

Which of the following is not a type of business organization?

• A)Corporation
• B)Partnership
• C)Sole proprietorship
• D)Operation

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Definitions:

Periodic Tenancy

A tenancy agreement that automatically renews for a fixed period, such as monthly or yearly, until notice is given to terminate it.

Tenancy from Month to Month

A rental agreement where the lease period is for one month, automatically renewing each month until either the landlord or tenant decides to terminate it.

Tenancy at Sufferance

A situation where a tenant remains in possession of property after the expiration of the lease, without the consent of the landlord but without being evicted.

Landlord's Rights

Legal rights afforded to landlords, including the right to collect rent, manage property, and evict tenants under certain conditions.