Multiple Choice
Annabelle operates a maid service as a sole proprietorship,but she's thinking about incorporating under the Canada Business Corporations Act.She would remain the sole shareholder.From her clients' perspective,which of the following is true?
A) They should be excited because Annabelle will be able to provide better service.
B) They should be worried that the company's name might change if it fails the name search.
C) They should be worried that they will no longer be able to talk to Annabelle personally about problems with the maid service.
D) They should be worried that if there is an issue,they may not be able to recover the entirety of the damage.
E) They should be excited because it is less likely that the service will go out of business.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Aaron and Yarun are carrying on a
Q26: One of the purposes of the law
Q38: Where shareholders are not the same people
Q42: Athalone incorporated a corporation under the Canada
Q63: Incorporation is a process that only lawyers
Q67: Doren carried on a toy store business
Q68: Shelly,Mackay,and Chan are setting up a partnership.They
Q72: Preferred shares would be of interest to
Q73: Kalla decided to set up a limited
Q74: Oneal wants to buy a computer software