The three most common types of structures used by businesses in Australia are:
A)partnership, limited company, association.
B)sole proprietor, partnership, limited company.
C)partnership, private company, trust.
D)sole proprietor, limited company, co-operative.

Question

Quizplus · Accepted Answer

The three most common types of business structures in Australia are sole proprietor (sole trader), partnership, and limited company (proprietary limited company). These structures vary in terms of liability, tax obligations, and control.

The Three Most Common Types of Structures Used by Businesses