### Identifying the Type of Business

1. **Understanding Shareholders**: Shareholders are individuals or entities that own shares in a corporation. This ownership entitles them to a portion of the company's profits and the ability to vote on certain company matters.

2. **Analyzing Business Types**:
- **A. Corporation**: A legal entity that is separate from its owners (shareholders). Shareholders own the corporation through shares of stock.
- **B. Sole proprietorship**: A business owned by a single individual, with no shareholders involved.
- **C. Partnership**: A business entity owned by two or more individuals who share profits and liabilities, but again, there are no shareholders as in a corporation.
- **D. Firm**: This is a general term that can refer to any business entity, but it does not specifically denote ownership through shares.

3. **Conclusion**: Since the question specifies ownership by shareholders who buy stock, the correct answer is least ambiguous.

### Final Answer
**A. Corporation**

Question

### Identifying the Type of Business

1. **Understanding Shareholders**: Shareholders are individuals or entities that own shares in a corporation. This ownership entitles them to a portion of the company's profits and the ability to vote on certain company matters.

2. **Analyzing Business Types**:
   - **A. Corporation**: A legal entity that is separate from its owners (shareholders). Shareholders own the corporation through shares of stock.
   - **B. Sole proprietorship**: A business owned by a single individual, with no shareholders involved.
   - **C. Partnership**: A business entity owned by two or more individuals who share profits and liabilities, but again, there are no shareholders as in a corporation.
   - **D. Firm**: This is a general term that can refer to any business entity, but it does not specifically denote ownership through shares.

3. **Conclusion**: Since the question specifies ownership by shareholders who buy stock, the correct answer is least ambiguous.

### Final Answer
**A. Corporation**

Knowee AI · Accepted Answer

### Identifying the Type of Business

1. **Understanding Shareholders**: Shareholders are individuals or entities that own shares in a corporation. This ownership entitles them to a portion of the company's profits and the ability to vote on certain company matters.

2. **Analyzing Business Types**:
   - **A. Corporation**: A legal entity that is separate from its owners (shareholders). Shareholders own the corporation through shares of stock.
   - **B. Sole proprietorship**: A business owned by a single individual, with no shareholders involved.
   - **C. Partnership**: A business entity owned by two or more individuals who share profits and liabilities, but again, there are no shareholders as in a corporation.
   - **D. Firm**: This is a general term that can refer to any business entity, but it does not specifically denote ownership through shares.

3. **Conclusion**: Since the question specifies ownership by shareholders who buy stock, the correct answer is least ambiguous.

### Final Answer
**A. Corporation**

Which type of business is owned by shareholders who buy stock in the company?A.CorporationB.Sole proprietorshipC.PartnershipD.Firm

Question

Which type of business is owned by shareholders who buy stock in the company?

Solution

Identifying the Type of Business

Final Answer

Similar Questions

Upgrade your grade with Knowee