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Q: The most common form of business organization based on the number of firms is the publicly held corporation true or false?
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What are common elements of business policy?

A business policy is the set of guidelines an organization follows and they define the limits of how decisions are made. Common element of a business policy include specific and clear policies so there are no misunderstandings. Policies should be appropriate simple, and uniform.


What is the least common a corporation sole proprietorship partnership or limited corporation?

partnership


Do holders of common stock have any rights in a corporation?

Yes, they do have rights in a corporation.


What is the classification of business organization according to ownership?

Sole/ Single Proprietorship- form of organization wherein there is only in a business. - oldest form of business organization.Partnership- a business owned and operated by 2 or more persons who bind themselves to contribute money, property or industry to a common fund with the intention of dividing the profits among themselves.Corporation-the most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern.Cooperative is a business organization owned and operated by a group of individuals for their mutual benefit.[1] Cooperatives are defined by the International Co-operative Alliance's Statement on the Co-operative Identity as autonomous associations of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through jointly-owned and democratically-controlled enterprises.


The partnership form of business organization a. is a separate legal entity. b. is a common form of organization for service-type businesses. c. enjoys an unlimited life. d. has limited liability.?

A partnership has limited liability.

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