Business Studies, asked by Tedybaby3847, 1 year ago

What Legal Form Of Organization Are Small Businesses?

Answers

Answered by Anonymous

Answer:

Every small business must select a legal form of ownership. The most common forms are sole proprietorship, partnership, and corporation. A limited liability company (LLC) is a relatively new business structure that is now allowed by all fifty states.

Answered by pranjal7

The most common forms are sole proprietorship, partnership, and corporation. A limited liability company (LLC) is a relatively new business structure that is now allowed by all fifty states.

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