Which form of organization is free of initial legal requirements?
A) sole proprietorship
B) general partnership
C) corporation
D) both A and B

Name: Which form of organization is free of initial legal requirements? A) sole proprietorship B) general partnership C) corporation D) both A and B
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Question

Quizplus · Accepted Answer

Sole proprietorships and general partnerships are the simplest forms of business organization and are free of the complex initial legal requirements that corporations face, such as filing articles of incorporation.

Which Form of Organization Is Free of Initial Legal Requirements