Question

The simplest form of business ownership is *
1. Proprietorship
2.Partnership
3 Corporation
4.Cooperative​

Answer 1

Answer:

1. Proprietorship

2.Partnership

Both are simplest form

Hope this will answer your question

Answer 2

The simplest form of business ownership is Proprietorship.

• Proprietorship is also known as sole trading.
• In a proprietorship, the workforce the management the investing and gaining profits are all done by a singular person who is also the owner of that business.
• Management is very easy and stressless in proprietorship thus it is the simplest form of business ownership.
• There is no separation between the owner of the business and the business.