Included Among the Factors That Influence the Choice of the Form

Essay

Included among the factors that influence the choice of the form of a business entity are the following:
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Capital formation.
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Limited liability.
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Estimated life of the business.
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Number of owners and their roles in the management of the business.
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Freedom of choice in transferring ownership interest.
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Organizational formality including the related cost and extent of governmental regulations.
Evaluate the validity of the statement.