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Basil Pappas Spent His Youth Working in the Restaurants of Several

Question 143

Multiple Choice

Basil Pappas spent his youth working in the restaurants of several of his close relatives. Now, he wants to venture into his own business and has decided that he will open his own restaurant. Basil needs more money than he can come up with on his own, so he plans to ask his two brothers to put up some money in exchange for a share of ownership. Such an arrangement means that the company CANNOT be formed as which of the following?


A) general partnership
B) corporation
C) limited partnership
D) sole proprietorship

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