Which Form of Ownership Generally Has the Least Ability to Accumulate

question 2

Multiple Choice

Which form of ownership generally has the least ability to accumulate capital?

• A)Partnership
• B)Sole proprietorship
• C)Corporation
• D)S-corporation

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Definitions:

Percent Change

The mathematical calculation to determine the difference in percentage between two values.

Percent Less

Percent less refers to the reduction or decrease of a quantity or number by a specified percentage.

Decreased By

A term used to indicate that a quantity is reduced by a certain amount.

Gross Annual Salaries

The total amount earned by an individual in a year before deductions.