A _______ forms boards to act as governing bodies Options: A . &nbspfranchise B . &nbsppartnership C . &nbspsole proprietorship D . &nbspcorporation

A _______ forms boards to act as governing bodies

Question

A _______ forms boards to act as governing bodies

Options:

A . franchise

B . partnership

C . sole proprietorship

D . corporation

Answer: Option D

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Question 1. This type of organization is a legal entity separate from its owners....

Question 2. Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, o....from the bank, owner might lack skills & unlimited liability

Question 3. A _____ is owned and operated by one individual; an example would be a plumber....

Question 4. Which statement is false....

Question 5. Sole Proprietorships will automatically dissolve when the owner....

Question 6. Law firms and doctor's offices are examples of....

Question 7. Closing stock is recorded in trading account and ___________________________....

Question 8. The major policy and financial decision makers of a corporation are determined by the....

Question 9. The reason for the end of the sole proprietorship can be....

Question 10. Sole Proprietorship is most suitable for....

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