The three forms of business entities are:
A) Government, cooperatives, and philanthropic organizations
B) Financing, investing, and operating
C) Sole proprietorships, partnerships, and corporations
D) Wholesaler, manufacturer, and retailer

Question

Quizplus · Accepted Answer

Sole proprietorships, partnerships, and corporations are the three forms of business entities recognized by most legal systems. These forms of business entities have different characteristics and legal requirements, which allow entrepreneurs to choose the type of entity that best suits their goals and needs. Option A refers to types of organizations, while option B refers to functional aspects of businesses, and option D refers to types of industries.

The Three Forms of Business Entities Are