In the United States, the most common form of business is the _____, and the form of business that generates most of the sales and profits is the _____.
A)corporation; corporation
B)corporation; proprietorship
C)proprietorship; partnership
D)proprietorship; corporation
E)corporation; partnership

Question

In the United States, the most common form of business is the _____, and the form of business that generates most of the sales and profits is the _____. 
A)corporation; corporation
B)corporation; proprietorship
C)proprietorship; partnership
D)proprietorship; corporation
E)corporation; partnership

Quizplus · Accepted Answer

The most common form of business in the United States is the proprietorship, as they are easier and less expensive to set up compared to other forms of businesses. However, corporations generate most of the sales and profits in the country due to their ability to raise capital and limited liability. Therefore, the most common form of business and the form that generates most of the sales and profits are different, making option D the correct choice.

In the United States, the Most Common Form of Business