A Legal Entity That May Conduct Business in Its Own

question 68

Multiple Choice

A legal entity that may conduct business in its own name just as an individual does is a(n)

• A) corporation.
• B) entrepreneur.
• C) proprietorship.
• D) partnership.

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Definitions:

Ordering Supplies

The process of requesting and acquiring necessary materials or stock for business operations, production, or office maintenance.

Large Demand

A significant consumer interest or need for a product or service which often leads to high sales volume.

Expiration Dates

The specified dates after which a product, especially food or medicine, is not guaranteed to be safe or effective and should not be used.

Periodic Supplies

Items or materials that are regularly replaced or replenished over a specified period due to use or expiry.