A type of business organization that is owned by one person who gets all the profit of the business but assumes all of the risk is asole proprietorshipcorporationpartnershipnone of the above

A type of business organization that is treated as a legal person and whose owners (shareholders) enjoy limited liability is asole proprietorshipcorporationpartnershipnone of the above

A business organization owned by two or more people who share in the company's profits and losses, but who must incur unlimited liability is apartnershipcorporationsole proprietorshipnone of the above

Identify the type of for-profit business that is owned by a single individual.

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

What form of business organization is a voluntary association between two or more persons who co-own a business for profit?Multiple choice question.A corporationA sole proprietorshipA partnershipA limited liability company