3 Types of Business
NaKimbria Tyson
Names of the 3 businesses
1. Sole proprietorship
2. Partnership
3. Corporation
Sole proprietorship
Real life example:
Kim owns a small business, but she has unlimited liability.
Vocabulary.. type of businee
Partnership
Jim and Tim owns a business, and they both split the bills.
Corporation
Tina shares a stock with Nike, but only Tina does not make up the prices, she share it.