Which type of organization uses the form 1065 and schedule k-1?

Partnerships are the most common type of business firms in the world. t/f

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.

Serious question, which is preferred in a business? pp or poopoo?