Answers.com > Wiki Answers > Categories > Business & Finance > Business and Industry > Business Accounting and Bookkeeping > Budgeting and Forecasting > What are the three types of business entities and how do they differ?

What are the three types of business entities and how do they differ?

In: Budgeting and Forecasting [Edit categories]

Answer:

The three types of business entities are a sole proprietorship, a partnership, and a corporation. A sole proprietorship is owned by one person, a partnership is owned by two or more people, and a corporation is a business entity separate from its owners.

First answer by ID1244439598. Last edit by ID1244439598. Question popularity: 1 [recommend question].

[report abuse]

Can you answer these Budgeting and Forecasting questions?

	Are budgets primarily a management device?	Answer it!
	Why do people sometime abandon budgets?	Answer it!
	What are the aims of labour incentives?	Answer it!
	When is stick war 2 being released?	Answer it!
	Who uses budgets?	Answer it!

Relevant answers:

What are three types of business letters?
Sales letters Request letters Goodwill letters Acknowledgement letters Credit and collection letters Inquiry letters Demand letters and more
What are the three types of business mergers?
Three types of mergers are: Horizontal Merger Vertical Merger Conglormarate Merger
What are the three types of business correspondence?
Business Letters Business E-Mails Business Memos
What are three types of business risk?
a.price riskb.diversification riskc.pure riskd.credit risk
Three types of business?
In the sense of legalities, the three types of businesses are sole-proprietorship, corporation, and flow through entities.