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Which of the following are legal forms of business​ organization? ​(Select all that​ apply.)

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Part 1
A.The sole proprietorship.
B.The triumvirate.
C.The partnership.
D.The corporation.

User Yogesh Cl
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1 Answer

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Final answer:

The legal forms of business organization are sole proprietorship, partnership, and corporation. The triumvirate is not a recognized business structure. Options A, C and D are correct.

Step-by-step explanation:

The legally recognized forms of business organization in the United States include the sole proprietorship, partnership, and corporation. A sole proprietorship is the simplest form and involves a single owner who manages the business. Partnerships involve two or more people sharing ownership and operation of a business.

Finally, corporations are more complex structures that are legal entities separate from their owners and can sell shares to raise capital. Among the options given, The triumvirate is not a legal form of business organization.

Hence, the correct options are A, C and D.

User Rayray
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