In Terms of Total Sales,assets,and Earnings,the Dominant Form of Business

question 47

Multiple Choice

In terms of total sales,assets,and earnings,the dominant form of business organization is the:

• A)Sole proprietorship.
• B)Partnership.
• C)Corporation.
• D)Limited liability company (LLC).

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Definitions:

Used-Car Sales Laws

Regulations governing the sale and purchase of pre-owned vehicles, ensuring fair practices and consumer protection.

Uniform

Consistent or identical in form, manner, or character among different instances or places.

State

Refers to a politically organized body of people usually occupying a definite territory; especially, one that is sovereign.

Bait-And-Switch

A deceitful sales tactic where a customer is lured by an advertisement for a low-priced item but then is persuaded to buy a more expensive one.