Title: Identify the forms of business ownership.
Course: Accounting (12104-I) > Section: Understanding Businesses

Identification could include

- defining the major forms of business ownership (i.e., proprietorship, partnership, corporation, franchisee)
- classifying global types and hybrids of business ownership (e.g., limited liability company [LLC], proprietary limited [Pty Ltd])
- differentiating between S corporations and C corporations.