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:

Data

Information collected for analysis or used to reason or make decisions.

Illustrates

To explain or make something clear by using examples, charts, pictures, etc., often to facilitate understanding.

Percentile

A value below which a certain percent of observations fall, used in ranking data within a data set.

Very High

A term used to describe a value or level that significantly exceeds established norms or averages.