True/False
Having a strategic plan in place for the venture enables the entrepreneur to choose a legal form that won't have to be changed or one that can easily be shifted to when the time is right.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: Sole proprietorships offer several advantages, which include
Q39: Income derived from for-profit activities in a
Q40: A corporation that is chartered in the
Q41: A corporation established for charitable, public (scientific,
Q42: List the various legal structural forms available
Q44: By creating a corporation and issuing stock,
Q45: _ make(s)all partners responsible for the obligations
Q46: _ partners typically provide capital but do
Q47: _ pay taxes on profits and their
Q48: Often small businesses such as pizza parlors