Business Organizations

This type of business is owned by one person.

Advantages of this business type are that the owner is their own boss and gets to keep all the profits.

Disadvantages for this type of business include: owner pays for everything, hard to get money to start from the bank, owner might lack skills & unlimited liability.

A business owner who prefers to maintain complete control of all business activities might consider structuring the venture as a(n)

What term is defined as an enterprise that produces goods or services, usually to make a profit?

What type of business organization has two or more owners who share risks and profits?

What type of business organization is authorized by law to act as a legal entity regardless of the number of owners?

This type of business is owned by many people called stockholders.
(a)  

A company partially owned by the public who buy shares of stock in the business.

Home Depot is which type of business organization?