Which business model can be described as a formal business entity subject to laws, regulations, and the demands of stock holders?
a. corporation
b. partnership
c. sole proprietorship
d. independent contractor
Answer: a. corporation
Which business model can be described as a formal business entity subject to laws, regulations, and the demands of stock holders?
a. corporation
b. partnership
c. sole proprietorship
d. independent contractor
Answer: a. corporation