Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Used by large businesses
A)Proprietorship
B)Partnership
C)Corporation

Question

Quizplus · Accepted Answer

Corporations are often used by large businesses due to their ability to raise capital through the sale of stock.

Answer: A, B
 Proprietorships and partnerships are typically not used by large businesses, as they offer limited liability protection and may not be able to raise capital as easily as a corporation. However, they may be appropriate for small or family-owned businesses.

Match the Following Characteristics with the Form of Business Entity