Question

Give at least two examples of business that falls under the new forms of business organizations in the Philippines​

Answer 1

Explanation:

please mark as brainliest if my answer is corect

Answer 2

Answer:

There are few business that falls under new forms of business organizations in the Philippines​. Some of them are mentioned below :

• Sole Proprietorship
• Corporation

Explanation:

1. Sole Proprietorship: A sole proprietorship is a form of business organization wherein a person individually owns the enterprise. The sole proprietorship has no separate legal persona from its proprietor and the latter is individually accountable for all its money owed and obligations. Registration of sole proprietorships is with the Department of Trade and Industry (“DTI”).
2. Corporation: A corporation is owned via way of means of numerous people, known as shareholders, and has a persona separate and wonderful from them. Shareholders are chargeable for the money owed of the corporation only as much as the quantity in their capital contribution. Corporations can both be stock or non-stock and are managed via way of means of the Board of Directors or Trustees. Registration of corporations is with the SEC.

There also are joint ventures wherein two or greater entities solidarily bind themselves under a settlement to adopt a few business enterprise.