11) Which type of business organization is owned by its shareholders? A) Corporation B) Partnership C) Limited liability company D) Sole proprietorship E) Not-for-profit company 12) What...

11) Which type of business organization is owned by its shareholders?

A) Corporation

B) Partnership

C) Limited liability company

D) Sole proprietorship

E) Not-for-profit company

12) What is the most difficult type of business to form?

13) Common examples of business organizations include sole proprietorship, partnership, and corporation.

Instructions: For each business listed below, indicate the type of business organization.