menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 30: Formation and Internal Relations of General Partnerships
  5. Question
    In Choosing the Form in Which to Conduct Business, If
Solved

In Choosing the Form in Which to Conduct Business, If

Question 22

Question 22

Multiple Choice

In choosing the form in which to conduct business, if ease of formation is the primary concern, the owners would choose a:


A) corporation.
B) limited liability partnership.
C) limited partnership.
D) general partnership.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Compare "partnership property" with a "partner's interest."

Q18: Former partners, as well as current partners,

Q19: The law establishes a test for determining

Q20: A partner's transferable interest is subject to

Q21: Ed, Vivian, and Pablo enter a partnership.

Q23: A business form devised to avoid the

Q24: Under the UPA, a partner's ownership interest

Q25: General partnerships are used frequently in finance,

Q26: Rosella, a general partner of Leafe and

Q27: Each partner, unless otherwise agreed, has equal

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines