Which form of organization has a perpetual existence regardless of the changes in its ownership?  A. Corporation  B. Partnership  C. Limited liability partnership (LLP)  D. Sole proprietorship

Which form of organization offers the ease of formation and dissolution?  A. Sole proprietorship  B. Partnership  C. Limited liability partnership (LLP)  D. Public limited company (PLC)

Which form of organization provides limited liability to its owners and allows for easier transfer of ownership?  A. Sole Proprietorship  B. Partnership  C. Corporation  D. Limited Liability Partnership

In which form of organization, the liability of the owners is limited to the amount invested in the business?  A. Corporation  B. Sole proprietorship  C. Partnership  D. Limited liability partnership (LLP)

Which form of organization offers limited liability to its owners but is not a separate legal entity?  A. Limited partnership  B. Sole proprietorship  C. Partnership  D. Public limited company (PLC)

Which form of organization typically involves a single owner who has complete control over decision-making and receives all profits but also bears all the risks?  A. Corporation  B. Partnership  C. Cooperative  D. Sole Proprietorship