Alicia and Geraldo operate a large company that includes multiple shareholders who require regular reporting. What form of business ownership have they established for their company?

(1 point)
Responses

Corporation

Corporation

Partnership

Partnership

Limited liability company

Limited liability company

Sole proprietorship

Sole proprietorship

3 answers

Alicia and Geraldo have established a Corporation for their company, as it includes multiple shareholders who require regular reporting.

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