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2 years ago

Bayard organized, and owns and operates, Cypress Tours in the simplest form of business organization. This is

1 answer:

7 0

Bayard organized, owns, and operates, Cypress Tours in the simplest form of business organization. This is called sole proprietorship.

<h3>What is a sole proprietorship in business?</h3>

A sole proprietorship is a type of business is can be managed and operated by an individual, or a business corporation. There exist no partners in the business corporation.

Therefore, we can conclude that Bayard who owns and operates Cypress TOurs in the simplest form of the business organization runs a sole proprietorship business and not a partnership, franchise, or corporation.

Learn more about sole proprietorship here:

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The answer is The income effect.
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3 years ago

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For question 1:

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