Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
14th Edition
ISBN: 9780133507690
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 1.1, Problem 1.3RQ
Summary Introduction

To discuss: The most common legal form of business organization.

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 organization that are as follows:

  • Proprietorship
  • Partnership
  • Limited Liability Company (LLC)
  • Corporation

Summary Introduction

To discuss: The form of business organization that is dominants in terms of business revenue.

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