Click to read full detail here. Herein, what is a business ownership?
Business ownership refers to the control over an enterprise, providing the power to dictate the operations and functions.
Also, which form of business ownership is the most common? sole proprietorship
Accordingly, what type of ownership includes stockholders who share the profits?
ch 9 Industrial Revolution - terms/names
| A | B |
|---|---|
| Stock | a certain right/portion of ownership in a corporation |
| Corporation | business owned by stockholders who share in its profits but are not personally responsible for its debts |
| Moses Brown | opened first factory in the United States - Pawtucket, RI |
Which type of business ownership provides limited liability for the owners?
one advantage of a general partnership over a sole proprietorship is a general partnership
