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--------are the most common form of business​ organization, comprising about 71 percent of all firms. Each is owned by a single individual who makes all business​ decisions, receives all the​ profits, and has unlimited limited liability for the​ firm's debts.

Respuesta :

Answer:

Sole proprietary

Explanation:

  • The commonest type of business organization that comprises more than 70 % of the firm's dealings and is owned by a single individual and hence has the maximum ownership and maximum share of the assets.
  • This type of enterprise has one legal entity and is the dynamic and centralized system of the business. Less time and less risk consumption.