Available options are:
A. The time of year that the business was established
B. The ease with which the founder of a business can transfer ownership to someone else
C. The degree of competition faced by the business
D. The type of product manufactured by the business
Answer:
The ease with which the founder of a business can transfer ownership to someone else
Explanation:
Given that a form of business organization can be either of any Sole proprietorship, Partnerships, or Corporations. Hence there are many fundamental factors to consider by the business owner when choosing a form of business organization. Some of these includes:
1. Cost of Establishment and Financing
2. Level of Control
3. Level of Profits to Share
4. Degree of Taxation.
5. Continuity and Transferability.
6. Risk Tolerance.
Hence, considering the available options, the correct answer is "The ease with which the founder of a business can transfer ownership to someone else"
