The Order of Difficulty and Expense, from Most to Least

question 52

Multiple Choice

The order of difficulty and expense, from most to least, when forming a business organization is as follows:

• A) corporation, sole proprietorship, partnership.
• B) corporation, partnership, sole proprietorship.
• C) partnership, corporation, sole proprietorship.
• D) partnership, sole proprietorship, partnership.
• E) sole proprietorship, partnership, corporation.

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Definitions:

Massachusetts

A U.S. state in New England known for its significant colonial history.

Constitutionally

Pertaining to the Constitution of a country or state, especially concerning its legal structure and foundational principles.

African Methodist Episcopal Church

A predominantly African American Methodist denomination founded in the early 19th century in the United States, emphasizing freedom from discrimination.

Patron

An individual or organization that provides support, financial or otherwise, to artists, causes, or institutions.