Corporations make up the largest percentage of all the forms of business ownership.

When two or more people legally agree to become co-owners of a business, the form of business is called a cooperative.

A(n)_________ is a state-chartered legal entity with authority to act and to have liability separate from its owners.

The three major forms of business ownership in the United States are sole proprietorships, partnerships, and corporations.

Corporations represent 20% of all the businesses in the United States and earn over 80% of the total U.S. business receipts.

Bankers and potential investors are likely to read__________ first in a business plan.

A(n)__________ is a group of experienced professionals from different areas of business who join together to develop, make, and market a new product.

It is usually easy to start and end a sole proprietorship.

One of the four primary functions of management is

A nurse is preparing to administer eyedrops for a client who has glaucoma. When instilling the medication, which of the following actions should the nurse take?