This type of business is owned by stockholders. *
A. Sole proprietorship
B. Partnership
C. Corporation
D. Franchise
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This type of business is owned by stockholders. *
A. Sole proprietorship
B. Partnership
C. Corporation
D. Franchise
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Answer:
C. Corporation
You have three choices—sole proprietorship, partnership, or corporation. A business owned by one person is a sole proprietorship. A business owned by two or more persons associated as partners is a partnership. A business organized as a separate legal entity owned by stockholders is a corporation.
Answer:
D. Franchise
Explanation:
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