The three basic legal forms of business enterprise are: A. monopolists, competitors, and enterprises. B. proprietorships, partnerships, and corporations. C. vertical, horizontal, and conglomerate corporations. D. conglomerates, multinationals, and partnerships.

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11-02-2020
Business

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The three basic legal forms of business enterprise are: A. monopolists, competitors, and enterprises. B. proprietorships, partnerships, and corporations. C. vertical, horizontal, and conglomerate corporations. D. conglomerates, multinationals, and partnerships.

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ekeneizuka ekeneizuka · Answer 1 · 2020-02-11T05:20:28+01:00

Answer: Proprietorships, Partnerships and Corporations.

Explanation:

The basic arrangements of business falls into one of the following; Proprietorships, Partnerships and Corporations. Proprietorships are businesses owned by one person, partnerships are owned by two or more owners and similar in style to proprietorships, while corporations are normally very large businesses with lots of owners acting as a single company.