Question

Stephen decides his business will begin staying open until 7 p.m. instead of 6 p.m. the next day, the shop stays open until 7 p.m. this environment of flexibility to quickly change is characteristic of what form of business organization? corporation partnership s-corporation flexible partnership sole proprietorship

Answer 1

Sole proprietorship is the logical answer, but depending on the structure of the company, all of the answers are correct.

Answer 2

Stephen decides his business will begin staying open until 7 p.m. instead of 6 p.m. the next day, the shop stays open until 7 p.m. this environment of flexibility to quickly change is characteristic of what form of business organization? 

corporation partnership