Under which of the following types of business organization is the ownership transferable to another person?
A)Limited liability company and corporation,but not sole proprietorship or general partnership.
B)General partnership,limited liability company,and corporation,but not sole proprietorship.
C)Corporation and general partnership,but not sole proprietorship nor limited liability company.
D)Corporation,but not sole proprietorship,general partnership,nor limited liability company.
E)Sole proprietorship,general partnership,limited liability company,and corporation.

Question

Quizplus · Accepted Answer

A)Ownership in corporations and limited liability companies is transferable,but
ownership in sole proprietorships and general partnerships is non-transferable.
B)Ownership in corporations and limited liability companies is transferable,but ownership in sole proprietorships and general partnerships is non-transferable.
C)Ownership in corporations and limited liability companies is transferable,but ownership in sole proprietorships and general partnerships is non-transferable.
D)Ownership in corporations and limited liability companies is transferable,but ownership in sole proprietorships and general partnerships is non-transferable.
E)Ownership in corporations and limited liability companies is transferable,but ownership in sole proprietorships and general partnerships is non-transferable.

Under Which of the Following Types of Business Organization Is