Question

The proprietorship form of business organization________ a. must have at least three owners in most states. b. represents the largest number of businesses in the United States. c. combines the records of the business with the personal records of the owner. d. is characterized by a legal distinction between the business as an economic unit and the owner.

Answer 1

Answer:

The answer is "Option c"

Explanation:

The corporate company is treated as an independent legal entity in the organization. Incorporates the company records with both the employee's data, and in the case of a single business there is no distinction between the consumer and the company, and other options are incorrect, which can be defined as below:

• In option a, It requires only two owners.

• In option b, It doesn't represent numbers of business, it represents a single business only.

• In option d, It is considered as a specific juridical entity.