If a business, having one owner, is started without the owner choosing any particular form of
business organization, that business will be:
A) A franchise.
B) A sole proprietorship.
C) A corporation.
D) A joint venture.
E) Nonexistent until the form of organization is chosen.
B
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Describe how the problem recognition process works in the five-stage model of the consumer buying process
What will be an ideal response?
By using ________, a company deliberately sets a low price with the intention of driving its competition out of business
A) price-fixing B) price lining C) surge pricing D) predatory pricing E) loss leader pricing
Individuals from London or the United States are likely to touch people they are talking with more frequently than individuals from Paris or Puerto Rico do
Indicate whether the statement is true or false
Investment decisions generally refer to the items that appear on the ________
A) left-hand side of the balance sheet, and financing decisions relate to the items on the right-hand side B) right-hand side of the balance sheet, and financing decisions relate to the items on the left-hand side C) right-hand side of the balance sheet, and financing decisions relate to the items on the income statement D) left-hand side of the balance sheet, and financing decisions relate to the items on the income statement