Understanding Canadian Business. Chapter 6 Forms of Business Ownership. Learning Goals. Compare the advantages and disadvantages of sole proprietorship. Describe the differences between general and limited partners, and compare the advantages and disadvantages of partnerships.
Forms of Business Ownership
You are a consultant, and will make a recommendation as to what form of business ownership you think is best for each client.
An organization that is owned by members and customers, who pay an annual membership fee and share in any profits.