Which of the Following Types of Business Forms Is Least

question 76

Multiple Choice

Which of the following types of business forms is least risky to investors?

• A) Sole proprietorship
• B) Limited partnership
• C) General partnership
• D) A public corporation

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Definitions:

Bureaucracy

An organizational structure characterized by standardized procedures, hierarchy of authority, and a clear division of labor, often resulting in an impersonal relationship between workers.

Leadership

Leadership is the process or ability of an individual or group to guide, influence, or direct others towards achieving a common goal or objective, often involving strategic thinking, decision-making, and interpersonal skills.

Employment Opportunities

Availability of jobs in the economy for people who are willing and able to work.

Acquaintances

People one knows slightly, but who are not close friends.