Which of the Following Is Legally a Separate Entity from Its

question 43

Multiple Choice

Which of the following is legally a separate entity from its owner(s) ?

• A)Sole proprietorship only
• B)Sole proprietorship and partnership only
• C)Corporation only
• D)Partnership only

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Definitions:

Marketing Plan

A detailed plan or guide that illustrates a company's marketing and advertising strategies for the upcoming period.

Marketing Exchange

The process through which two or more parties transfer goods, services, or ideas in return for something of value.

Supply Chain Logistics

Overseeing the movement and storage of goods, services, raw materials, in-progress inventory, and final products from where they originate to where they are consumed.

Production Management

Production Management involves planning, coordination, and control of industrial processes to ensure that goods are produced efficiently, effectively, and at the right quality.