Multiple Choice
Which of the following,if true about the owners' plan for the new business,would weaken the case that it should be registered as an LLC?
A) They want the company to maintain its current membership.
B) They do not want to be liable for the company's debts.
C) They want the company's funding to come from shareholders.
D) They want to set the management details in advance.
E) They want the company to be registered both federally and with the state.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: What do both sole proprietorships and partnerships
Q30: Which of the following industry groups is
Q36: General partnerships generate more than one-third of
Q37: Which of the following,if true,would weaken the
Q40: What is an entrepreneur?
Q43: The failure rate among small businesses has
Q49: Which of the following helps entrepreneurs gain
Q59: The Small Business Administration is the government
Q78: Why is it difficult to compare relative
Q100: Loans are the most important sources of