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You are watching: The three major types of firms in the united states are called

The three major types of this firm in the include, single proprietorship, partnership, and corporation, which are described as below:

single Proprietorship: sole proprietorship firms are those which are owned through a single individual.

Partnership: partnership firms are those which space owned jointly by 2 or more people. However, they are not arranged in the way in i m sorry corporations are organized.

Corporation: Corporations space those firms i beg your pardon are produced under the legislation as different legal entities in which owners are noted with the protection from losing much more than their investment, in situation the businesses fail.


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Microeconomics Plus brand-new MyEconLab with Pearson eText (1-semester Access) -- accessibility Card package | 4th Edition
ISBN-13:9780132962049ISBN:0132962047Authors:Anthony O Brien,Glenn ns Hubbard,R Glenn hubbard Rent | purchase
Alternate ISBN: 9780132938105, 9780132961660, 9780133082364, 9780133380613, 9780133458657, 9780133478310, 9780133483963, 9781256533719, 9781256551997, 9781256561552, 9781256562764, 9781256563761, 9781256589969, 9781256603603, 9781256614661, 9781256687443, 9781256697251, 9781256699293, 9781256711544, 9781256759690, 9781256942160, 9781256947219, 9781256953968, 9781256965381, 9781256972389, 9781269052733, 9781269059558, 9781269061643, 9781269090346, 9781269236973, 9781269398367
Alternate ISBN: 9780132938105, 9780132961660, 9780133082364, 9780133380613, 9780133458657, 9780133478310, 9780133483963, 9781256533719, 9781256551997, 9781256561552, 9781256562764, 9781256563761, 9781256589969, 9781256603603, 9781256614661, 9781256687443, 9781256697251, 9781256699293, 9781256711544, 9781256759690, 9781256942160, 9781256947219, 9781256953968, 9781256965381, 9781256972389, 9781269052733, 9781269059558, 9781269061643, 9781269090346, 9781269236973, 9781269398367


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microeconomics Plus new MyEconLab with Pearson eText (1-semester Access) -- access Card package (4th Edition) edit editionProblem 1RQ from chapter 8.1…