The Most Common Type of Business Ownership in the United

question 35

True/False

The most common type of business ownership in the United States is the sole
proprietorship, which has one owner.

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Definitions:

High School

An educational institution that provides secondary education, typically serving students in grades 9 through 12.

Special Aptitude Tests

Tests designed to assess specific talents or potential abilities in areas such as music, art, mechanics, or languages, differentiating from general intelligence tests.

Homogenous Area

A region or segment that is uniform in composition or character, often used in geographic, social, or scientific contexts.

Wiesen Test

A test designed to measure mechanical aptitude and the ability to understand and apply mechanical concepts.