Basic Types of Business Ownerships 12c

If you were going to open a business, would you rather be the only boss, work with a partner, or be one of many employees?

Which is not a business type?

Most businesses in the U. S. are--

This business sells stock, creating many small owners.

A positive is that the owner gets all the profits.

A negative is that the owner gets all the losses.

This business is treated as a person for legal and tax purposes.

What is it? A group of physical therapists decide to open a business together?

What is it? Julius builds a computer company and hires more employees. Eventually, he sells stock.

What is it? Lisa and her sisters decide to open their own law firm after graduation from law school.

What is it? Marvin buys and opens an ice cream stand.

What is it? Roberta's family builds a chain of retail stores across the country. They have many investors.