__________ is the simplest and most prevalent form of business enterprise in the U.S.
A) S corporation
B) Partnership
C) Sole proprietorship
D) Joint venture

Question

Quizplus · Accepted Answer

Sole proprietorship is the most prevalent form of business enterprise in the U.S. It is also the simplest form, where a single person owns and operates the business. It is easy to set up, has low costs and requires fewer legal formalities compared to other forms of business enterprises.

__________ Is the Simplest and Most Prevalent Form of Business