Question

What are the requisites of an ideal form of business organization? Compare briefly various forms of business organizations. ​

Answer 1

Answer:

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Explanation:

There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.

Answer 2

Answer:

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Explanation:

There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.