Which type of business organization experiences the least governmental regulation?
A) limited partnership
B) public corporation
C) private corporation
D) sole proprietorship

Question

Quizplus · Accepted Answer

Sole proprietorships are considered the least regulated type of business organization because they are owned and operated by one individual who has full control over the business activities. As a result, there are fewer legal and regulatory requirements compared to other types of businesses.

Which Type of Business Organization Experiences the Least Governmental Regulation