Which of the following types of business is the easiest to start?
A) Sole proprietorship
B) Partnership
C) S corporation
D) C corporation

Question

Quizplus · Accepted Answer

Sole proprietorship is the easiest type of business to start as it requires minimal legal formalities and paperwork. The sole proprietor has complete control over the business and is responsible for all the profits and losses. It is also easier to manage and less expensive to operate than other business structures.

Which of the Following Types of Business Is the Easiest