Mohammed would like to start a business of selling mobile phones and their accessories in the area where he lives. Identify the type of business ownership most suitable for him. a. SAOG b. Sole proprietorship c. LLC d. Corporation

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 19AA
icon
Related questions
Question
Mohammed would like to start a business of selling mobile phones and their accessories in the area where he lives. Identify the type of business ownership most suitable for him.
a.
SAOG
b.
Sole proprietorship
c.
LLC
d.
Corporation
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Assets
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co