(Solved): esses can be classined into the following forms: a sole proprietorship, a partnership, a corporation ...

esses can be classined into the following forms: a sole proprietorship, a partnership, a corporation, a limited liabicy ca d liability partnership (LLP). rent forms of businesses have different characteristics. Which of the following characteristics would apply to a corporat Owned by single individual Ras unlimited life Chartered by a state and is its own lepal entity separate and distinct from its owners and managers Exe-pt from double taxation Owners have limited liability Easier to transfer ownership in the form of stock