05 Key
1. (p. 114) The corporation is the most common form of business ownership. FALSE
AACSB: Reflective Thinking Blooms: Knowledge Learning Goal: 05-1 Level of Learning 1: Knowledge of key terms Nickels - Chapter 05 #1 Topic: Basic Forms of Business Ownership
2. (p. 114) The three major forms of business ownership in the U.S. are sole proprietorships, partnerships, and corporations. TRUE
AACSB: Reflective Thinking Blooms: Knowledge Learning Goal: 05-1 Level of Learning 1: Knowledge of key terms Nickels - Chapter 05 #2 Topic: Basic Forms of Business Ownership
3. (p. 114) Few people today start their own business. FALSE
AACSB: Reflective Thinking Blooms: Knowledge Learning Goal: 05-1 Level of Learning 1: Knowledge of key terms Nickels - Chapter 05 #3 Topic: Basic Forms of Business Ownership
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