question archive Out of all of the business types you learned about, _____________ is the most complex in order to form

Out of all of the business types you learned about, _____________ is the most complex in order to form

Subject:EconomicsPrice:2.87 Bought7

Out of all of the business types you learned about, _____________ is the most complex in order to form.


a. sole proprietorships

b. partnerships

c. a limited partnership

d. corporations

 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer:

The correct answer would be 'Corporations Businesses'.

Explanation:

There are many forms of businesses. These forms include Sole proprietorship, Partnership, Corporations, Limited Liability, Private Limited, etc. Out of all these, Corporations are considered the most complex form of business. This is because of the fact that there are many people involved in it as Directors and shareholders. There are a lot of legal formalities involved in forming the corporations. Decisions cannot be made by one person solely rather it must need the consent of directors' majority. The stocks of the corporations are available for the general public who enjoy dividends on their share almost every year.