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Ownership-units

Transferable Ownership Units


July 08, 2011 | Financial Regulation

Which common form of business organization issues transferable units of ownership?

Pick an answer:

Unitary Government
Sole Proprietorship
General Partnership
Corporation

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Transferable Ownership Units
By Finance Ocean

Which common form of business organization issues transferable units of ownership?

Pick an answer:

  1. Unitary Government
  2. Sole Proprietorship
  3. General Partnership
  4. Corporation


Answer: # 4

Explanation: A corporation issues stock — a transferable unit of ownership — which is unique to corporations.

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