Which Form of Business Organization Is Established as a Separate

question 149

Multiple Choice

Which form of business organization is established as a separate legal entity from its owners?

• A) Sole proprietorship
• B) Corporation
• C) Partnership
• D) None of these

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Definitions:

Poverty Line

A threshold income level below which an individual or household is considered to be living in poverty, varying by country and adjusted for family size.

Poverty Rate

The percentage of the population living below the national poverty line, indicating the proportion of people with income insufficient to meet basic needs.

Income Distribution

The way in which a nation’s total earnings are divided among its population.

Bill Gates

An American business magnate, software developer, and philanthropist known for co-founding Microsoft Corporation, one of the world's most valuable technology companies.