A shopkeeper runs her business alone, owning it outright. That is the most popular form of ownership, the:
ASole proprietorship
BPublic corporation
CLimited partnership
DChartered cooperative
Answer & Solution
Correct answer: A. Sole proprietorship
1. It accounts for most businesses.
2. One person owns it all.
3. It is the sole proprietorship.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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