Which business ownership form is characterized by having shareholders?

Which business ownership form is characterized by having shareholders?

Step 1: Understand what a business ownership form is. It refers to how a business is organized and owned.
Step 2: Learn about different types of business ownership forms, such as sole proprietorships, partnerships, and corporations.
Step 3: Identify what a corporation is. A corporation is a type of business that is legally separate from its owners.
Step 4: Recognize that in a corporation, ownership is divided into shares.
Step 5: Understand that shareholders are the people or entities that own these shares.
Step 6: Conclude that the business ownership form characterized by having shareholders is a corporation.

No concepts available.