Which type of business organization transacts the most business and is the largest in terms of assets,income,and number of employees?
A)Proprietorship
B)Partnership
C)Limited-liability company
D)Corporation

Question

Quizplus · Accepted Answer

Corporations transact the most business and are the largest in terms of assets, income, and number of employees. This is because corporations have the ability to issue stocks and raise capital, have perpetual existence, limited liability protection, and are separate legal entities. Proprietorships, partnerships, and limited-liability companies are all smaller in size and have limited ability to raise capital compared to corporations.

Which Type of Business Organization Transacts the Most Business and Is