The most common legal form of business organization and largest form of business takes place in which types. Introduction: A particular organization in which the goods and services are exchanged for money is termed as business . The core goal of a businessperson is to incur profits. The finance is an essential element for every business people. Moreover, there are different forms of business ownership that are as follows: Proprietorship Partnership Limited Liability Company (LLC) Corporation

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Chapter 1.3, Problem 1.10RQ

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To discuss: The most common legal form of business organization and largest form of business takes place in which types.

Introduction:

A particular organization in which the goods and services are exchanged for money is termed as business. The core goal of a businessperson is to incur profits. The finance is an essential element for every business people. Moreover, there are different forms of business ownership that are as follows:

Proprietorship

Partnership

Limited Liability Company (LLC)

Corporation

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