Multiple Choice QuestionWhat term refers to a corporation that is owned by just one or a few people, often a family, who are closely involved in managing the business?Multiple choice question.Public corporationS corporationLimited corporationPrivate corporation

Multiple Choice QuestionWhat is the name given to businesses that owned and operated by one individual, and are the most common form of business organization in the United States?Multiple choice question.PartnershipsLimited liability companiesSole proprietorshipsCorporations

Multiple Choice QuestionBefore the owners of a corporation can establish the company's bylaws and elect a board of directors, they must receive a Blank______ from the state in which they are doing business.Multiple choice question.partnershipcorporate charterinitial public offeringdividend

Multiple Choice QuestionPeople or organizations that agree to help fund a business provided they receive an ownership interest or stock in a firm are called ______.Multiple choice question.business analystsloan sharksventure capitalistsequity financiers

Multiple Choice QuestionA business owned and controlled through pooled resources by the people who use it is a(n) ______.Multiple choice question.cooperativeS corporationlimited partnershiplimited liability company

Multiple Choice QuestionA form of business ownership that looks like a corporation but is taxed as though it were a partnership with restrictions on shareholders is ______.Multiple choice question.an S corporationa cooperativean unlimited liability companya sole proprietorship