Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Generates 90% of business revenues
A)Proprietorship
B)Partnership
C)Corporation
D)Limited liability company (LLC)

Question

Quizplus · Accepted Answer

A corporation is the most suitable choice for a business generating 90% of its revenues as it offers the advantage of limited liability protection and can raise capital by issuing stocks. Proprietorship and partnership structures do not offer limited liability protection and may not be able to raise capital as effectively as a corporation. An LLC could also be a suitable option but may not be as well-established or well-recognized as a corporation.

Match the Following Characteristics with the Form of Business Entity