Multiple Choice
If you're asking yourself whether you want to make it easy for the ownership of your new business to change hands, which of the key questions about legal form of
Ownership are you posing?
A) How much control do you want
B) Should it be possible for the business to continue without you
C) Do you want to share profits with others
D) How much liability exposure are you willing to accept
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Who were the original shareholders in Ben
Q117: 126If they form a corporation and Pat
Q118: Financing needs are not directly related to
Q119: They could expand their operations by acquiring
Q120: In a limited partnership, although one partner
Q123: An acquisition occurs when two companies combine
Q124: With enough employees and annual sales to
Q125: If Scuffy the Tugboat operates as a
Q126: Perhaps the best legal form of organization
Q127: A limited liability company (LLC) combines the