Which of the following forms of organization requires no formal documentation but only business licenses for formation?
A) l imited partnership
B) corporation
C) limited liability company
D) sole proprietorship
E) S corporation

Question

Quizplus · Accepted Answer

For a sole proprietorship, a proprietor obtains whatever business licenses are necessary and begins operations. Legally, no formal documentation is needed.

Which of the Following Forms of Organization Requires No Formal