Busi 352 final exam - Study guides, Class notes & Summaries

05 Key 1. (p. 114) The corporation is the most common form of business ownership. FALSE AACSB: Reflective Thinking Blooms: Knowledge Learning Goal: 05-1 Level of Learning 1: Knowledge of key terms Nickels - Chapter 05 #1 Topic: Basic Forms of Business Ownership 2. (p. 114) The three major forms of business ownership in the U.S. are sole proprietorships, partnerships, and corporations. TRUE AACSB: Reflective Thinking Blooms: Knowledge Learning Goal: 05-1 Level of Learning 1: Knowle...