Business, 16.01.2020 10:31 jadynsantiago

Define the three main forms of legal ownership of a business. which one appeals most to you and why?

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The three forms of business ownership are Sole proprietorship, Partnership, and Corporation. Sole Proprietorship is a business that is owned by one person. Partnership is a type of business ownership that is owned by two or more persons. Corporation is a type of business ownership where in a group of people formed a corporation or a business that act as a single entity.

The type of business ownership that appeals to me is the Sole Proprietorship because in this type of business ownership makes you your own boss. Also, in Sole Proprietorship starting of business is easy because in order to build up a business permits from local government is only needed.

Answer from: coronaaa7

The three forms of business ownership are Sole

proprietorship, Partnership, and Corporation. Sole Proprietorship is a business

that is owned by one person. Partnership is a type of business ownership that

is owned by two or more persons. Corporation is a type of business ownership

where in a group of people formed a corporation or a business that act as a

single entity.

The type of business ownership that appeals to me is the

Sole Proprietorship because in this type of business ownership makes you your

own boss. Also, in Sole Proprietorship starting of business is easy because in

order to build up a business permits from local government is only needed.

Answer from: Quest

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Answer from: Quest

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