The three legal forms of business ownership are a. sole proprietorship, partnership, and franchise b. sole proprietorship, franchise, and corporation c. partnership, franchise, and corporation d. partnership, sole proprietorship, and corporation

D. Partnership, sole proprietorship, and corporation.

Explanation:

A partnership is when two or more people share ownership of a business, the law does not distinguish between the business and its owners. There must be a legal agreement between the partners about how the profits will be shared and how the decision shall be made.

A sole proprietorship is a business owned by one person who, as in a partnership, is not distinguishable by the law between the person and the business. The person assumes all the debts and profits.

Corporation, this type of enterprises are considered separate from its owners, it is considered as another being who can assume debts, be sued, have contractual agreements, among other things.

I hope this answer helps you.  

the answer is b i think

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