Which is not a legitimate form of business organization?
b. C-type corporation
c. T-type corporation
A business structure refers to how a commercial entity relates with its owners in terms of liability, transfer, and the sharing of income. The ideal business structure depends on the relative goals and needs of the owners.
Answer and Explanation: 1
A T-type corporation is not a legitimate form of business organization.
A business organization is a commercial enterprise formed to efficiently and...
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fromChapter 3 / Lesson 5
Learn about business organization structure and understand how it works. Study business entity examples and see the types of business organizational structures.