The principal forms of business organization are: ______.
A) sole proprietorships, joint ventures, and corporations.
B) unincorporated associations, partnerships, and corporations.
C) unincorporated associations, limited partnerships, and corporations.
D) sole proprietorships, partnerships, and corporations.

Question

Quizplus · Accepted Answer

Sole proprietorships, partnerships, and corporations are the three principal forms of business organization. Unincorporated associations and joint ventures are not as commonly used as these three forms. Limited partnerships are a type of partnership and not a separate form of organization.

The Principal Forms of Business Organization Are: ______