This type of business organization is relatively easy to start, and it is subject to much lighter regulatory and paperwork burden than other business forms.
A)Sole proprietorship
B)Partnership
C)Corporation
D)Hybrid organization

Question

Quizplus · Accepted Answer

A sole proprietorship is a type of business organization that is owned and operated by a single individual. It is the easiest type of business to start and does not require any formal registration or organizational documents. Additionally, sole proprietorships are not subject to the same regulatory and paperwork burden as other business forms, such as corporations and partnerships. However, it is important to note that sole proprietors are personally liable for any debts or legal issues related to the business.

This Type of Business Organization Is Relatively Easy to Start