Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Easy and cheap to organize
A)Proprietorship
B)Partnership
C)Corporation
D)Limited liability company (LLC)

Question

Quizplus · Accepted Answer

Proprietorship is the easiest and cheapest form of business entity to organize, as it involves only one person who owns and runs the business.

Match the Following Characteristics with the Form of Business Entity