The three most common types of structure used by businesses in New Zealand are:
A) sole trader, company, co-operative.
B) sole trader, partnership, company.
C) partnership, private company, trust.
D) partnership, company, association.

Question

Quizplus · Accepted Answer

The most common types of structure used by businesses in New Zealand are sole trader, partnership, and company. Co-operatives and trusts are less common, and associations are not a common business structure in New Zealand. Therefore, option B – sole trader, partnership, and company – is the best choice.

The Three Most Common Types of Structure Used by Businesses