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18 July, 15:05

Business Organizations

Introduction: Sort the descriptions according to the business type they fit best.

Sole proprietorship:

Partnership:

-is owned by two or more people

-Is easiest to start

-Includes 75% of all US businesses

-Can be easier to raise funds

-is owned by a single person

-Requires sharing of profits

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  1. 18 July, 15:35
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    Answer: Partnership:

    Can be easier to raise funds

    Required sharing of profits

    Is owned by two or more people

    Sole proprietorship:

    Is owned by a single person

    Is easiest to start

    Includes 75% of all US businesses

    Explanation: I got it right on the quiz
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