Discuss the pros and cons of different forms of business ownership (sole proprietorships, partnerships, and corporations). Why has the modern corporation evolved as such a dominant institution in our global economy?

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 14AA
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Discuss the pros and cons of different forms of business ownership (sole proprietorships, partnerships, and corporations). Why has the modern corporation evolved as such a dominant institution in our global economy?

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