Multiple Choice
Raj has a business idea and is willing to invest his savings in it.He wants to operate the business on his own and also be the only person entitled to receive the profits generated from the business.Which of the following forms of business is best suited for Raj?
A) A joint venture
B) An S corporation
C) A sole proprietorship
D) A partnership
E) A C corporation
Correct Answer:

Verified
Correct Answer:
Verified
Q59: Which of the following is a disadvantage
Q60: A sole proprietor has limited liability in
Q61: Which of the following is a corporation
Q62: Which of the following is an advantage
Q63: Which of the following is an advantage
Q65: In a limited partnership:<br>A)the partners can operate
Q66: Partnerships are quasi-taxable organizations.This means that they:<br>A)do
Q67: Which of the following forms of business
Q68: In a(n)_,the owner has complete control over
Q69: Common stockholders within a corporation:<br>A)act as the