The Business Form That Is Owned by One Person Is

question 4

Multiple Choice

The business form that is owned by one person is

• A) proprietorship.
• B) corporation.
• C) partnership.
• D) an LLC.

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Definitions:

U.S. Postal Service

A federal agency that provides postal and mail delivery services across the United States and its territories.

Essential Resource

A resource considered vital for the survival of an ecosystem or the well-being of a population.

Patent Rights

Legal protections granted to inventors that give them exclusive rights to make, use, sell, and distribute their inventions for a certain period of time.

Inelastic Demand

A scenario where the product's demand remains largely unaffected despite variations in its price.