Which type of business organization is easy to create but comes with unlimited liability for its owner?

Which of the following is a similarity between John D. Rockefeller and Andrew Carnegie in terms of business organization?

Which term best describes the process of planning, controlling, and organizing an organization or department?

Which term best describes a company's purpose, its reason for being, and the problem it is solving?

When creating a legal structure for your small business, which of the following forms of business organization offers limited liability protection to its owners?

Which term refers to the specific group for which a business's products, services, and marketing efforts are intended?

A business can be described as a(n):

Abe is a business owner developing a new company. He wants to have complete control over business decisions and keep all the profits, but he is also concerned about unlimited personal liability. Which type of business organization best addresses his concern about liability?

Barry owns a small business by himself and is personally liable for all the debts of the business. What type of business organization does Barry most likely have?