The form of business ownership that is easiest to dissolve is the:
sole proprietorship
limited partnership
cooperative
subsidiary
public corporation
General GuidanceThe answer provided below has been developed in a clear step by step manner.Step: 1.kLiEsL{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;font-size:0.75rem;box-sizing:border-box;}/*!sc*/ data-styled.g379[id="sc-mwpquf-0"]{content:"kLiEsL,"}/*!sc*/ .iOnzAX{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;}/*!sc*/ .iOnzAX .align-left{text-align:left;}/*!sc*/ .iOnzAX .align-center{text-align:center;}/*!sc*/ .iOnzAX .align-right{text-align:right;}/*!sc*/ data-styled.g380[id="sc-mwpquf-1"]{content:"iOnzAX,"}/*!sc*/ .bqkSFR .DraftEditor-editorContainer,.bqkSFR .DraftEditor-root,.bqkSFR .public-DraftEditor-content{height:inherit;text-align:initial;}/*!sc*/ .bqkSFR .public-DraftEditor-content[contenteditable='true']{-webkit-user-modify:read-write-plaintext-only;}/*!sc*/ .bqkSFR .DraftEditor-root{position:relative;}/*!sc*/ .bqkSFR .DraftEditor-editorContainer{background-color:rgba(255,255,255,0);border-left:0.1px solid transparent;position:relative;z-index:1;}/*!sc*/ .bqkSFR .public-DraftEditor-block{position:relative;}/*!sc*/ .bqkSFR .DraftEditor-alignLeft .public-DraftStyleDefault-block{text-align:left;}/*!sc*/ .bqkSFR .DraftEditor-alignLeft .public-DraftEditorPlaceholder-root{left:0;text-align:left;}/*!sc*/ .bqkSFR .DraftEditor-alignCenter .public-DraftStyleDefault-block{text-align:center;}/*!sc*/ .bqkSFR .DraftEditor-alignCenter .public-DraftEditorPlaceholder-root{margin:0 auto;text-align:center;width:100%;}/*!sc*/ .bqkSFR .DraftEditor-alignRight .public-DraftStyleDefault-block{text-align:right;}/*!sc*/ .bqkSFR .DraftEditor-alignRight .public-DraftEditorPlaceholder-root{right:0;text-align:right;}/*!sc*/ .bqkSFR .public-DraftEditorPlaceholder-root{color:#9197a3;position:absolute;width:100%;z-index:1;}/*!sc*/ .bqkSFR .public-DraftEditorPlaceholder-hasFocus{color:#bdc1c9;}/*!sc*/ .bqkSFR .DraftEditorPlaceholder-hidden{display:none;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-block{position:relative;white-space:pre-wrap;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-ltr{direction:ltr;text-align:left;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-rtl{direction:rtl;text-align:right;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-listLTR{direction:ltr;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-listRTL{direction:rtl;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-ol,.bqkSFR .public-DraftStyleDefault-ul{margin:16px 0;padding:0;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth0.public-DraftStyleDefault-listLTR{margin-left:1.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth0.public-DraftStyleDefault-listRTL{margin-right:1.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth1.public-DraftStyleDefault-listLTR{margin-left:3em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth1.public-DraftStyleDefault-listRTL{margin-right:3em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth2.public-DraftStyleDefault-listLTR{margin-left:4.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth2.public-DraftStyleDefault-listRTL{margin-right:4.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth3.public-DraftStyleDefault-listLTR{margin-left:6em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth3.public-DraftStyleDefault-listRTL{margin-right:6em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth4.public-DraftStyleDefault-listLTR{margin-left:7.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth4.public-DraftStyleDefault-listRTL{margin-right:7.5em;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-unorderedListItem{list-style-type:square;position:relative;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-unorderedListItem.public-DraftStyleDefault-depth0{list-style-type:disc;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-unorderedListItem.public-DraftStyleDefault-depth1{list-style-type:circle;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem{list-style-type:none;position:relative;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-listLTR:before{left:-36px;position:absolute;text-align:right;width:30px;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-listRTL:before{position:absolute;right:-36px;text-align:left;width:30px;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem:before{content:counter(ol0) '. ';counter-increment:ol0;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-depth1:before{content:counter(ol1,lower-alpha) '. ';counter-increment:ol1;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-depth2:before{content:counter(ol2,lower-roman) '. ';counter-increment:ol2;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-depth3:before{content:counter(ol3) '. ';counter-increment:ol3;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-orderedListItem.public-DraftStyleDefault-depth4:before{content:counter(ol4,lower-alpha) '. ';counter-increment:ol4;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth0.public-DraftStyleDefault-reset{counter-reset:ol0;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth1.public-DraftStyleDefault-reset{counter-reset:ol1;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth2.public-DraftStyleDefault-reset{counter-reset:ol2;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth3.public-DraftStyleDefault-reset{counter-reset:ol3;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-depth4.public-DraftStyleDefault-reset{counter-reset:ol4;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-ltr{text-align:inherit;}/*!sc*/ .bqkSFR .public-DraftStyleDefault-rtl{text-align:inherit;}/*!sc*/ data-styled.g384[id="sc-mwpquf-5"]{content:"bqkSFR,"}/*!sc*/ .dTzySQ{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;box-sizing:border-box;border:2px solid transparent;}/*!sc*/ .dTzySQ h2{font-size:16px;}/*!sc*/ .dTzySQ h3{font-size:14px;}/*!sc*/ data-styled.g445[id="sc-mo29cs-0"]{content:"dTzySQ,"}/*!sc*/ .gkwtCW{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;gap:16px;}/*!sc*/ data-styled.g666[id="sc-z3f5s1-0"]{content:"gkwtCW,"}/*!sc*/ .dcbWpT{margin:0;}/*!sc*/ data-styled.g671[id="sc-1swtczx-0"]{content:"dcbWpT,"}/*!sc*/ .iHelzO{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;line-height:normal;}/*!sc*/ data-styled.g686[id="sc-1sugbjn-0"]{content:"iHelzO,"}/*!sc*/ .kkKaFK{margin-top:14px;}/*!sc*/ data-styled.g690[id="sc-1sugbjn-4"]{content:"kkKaFK,"}/*!sc*/ .iQllJf{margin-top:14px;}/*!sc*/ data-styled.g691[id="sc-1sugbjn-5"]{content:"iQllJf,"}/*!sc*/ The Sole propritroship is a form of organization in which the individual person is a owner of the business and not juch stringent laws regulate such type of organizationHowever, for other form of organization such as limited partnership, coperative, public corporation and subsidiary, many laws are enforced for its regulation due to the involvement of the public at largeExplanation:ExplanationThe laws make the formailities much stringent in every event of the businessStep: 2.kLiEsL{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;font-size:0.75rem;box-sizing:border-box;}/*!sc*/ data-styled.g379[id="sc-mwpquf-0"]{content:"kLiEsL,"}/*!sc*/ .iOnzAX{margin:0;font-family:"Aspira Webfont","Helvetica","Arial",sans-serif;}/*!sc*/ .iOnzAX .align-left{text-align:left;}/*!sc*/ .iOnzAX .align-center{text-align:center;}/*!sc*/ .iOnzAX .align-right{text-align:right;}/*!sc*/ data-styled.g380[id="sc-mwpquf-1"]{content:"iOnzAX,"}/*!sc*/ .bqkSFR .DraftEditor-editorContainer,.bqkSFR .DraftEditor-root,.bqkSFR .public-DraftEditor-content{height:inherit;text-align:initial;}/*!sc*/ .bqkSFR .public-DraftEditor-content[contenteditable='true']{-webkit-user-modify:read-write-plaintext-only;}/*!sc*/ .bqkSFR 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