The Form of Business Organization That Comprises About 19 Percent

question 24

Multiple Choice

The form of business organization that comprises about 19 percent of all businesses in the United States is the

• A) joint venture.
• B) syndicate.
• C) sole proprietorship.
• D) partnership.
• E) corporation.

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Definitions:

Right to Strike

The legal right of workers to refuse to work as a form of protest against conditions or practices they consider unjust.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico; it went into effect on January 1, 1994, and has been replaced by the USMCA (United States-Mexico-Canada Agreement) to facilitate free trade by reducing and eliminating trade barriers.

Mexican Constitution

The fundamental legal document of Mexico, outlining the structure of the government, rights of citizens, and separation of powers, enacted in 1917.

Labour Party

A political party, often found in various countries, that emphasizes workers' rights, social equality, and the promotion of labor unions.