What is the most common form of business organization?
A) a general partnership
B) a cooperative
C) a sole proprietorship
D) a corporation

Question

Quizplus · Accepted Answer

According to data from the Small Business Administration, sole proprietorships make up the majority of businesses in the United States, accounting for approximately 73% of all businesses. They are simple and easy to set up, require low start-up costs, and offer complete control to the owner.

What Is the Most Common Form of Business Organization