Alan,a dentist,and his wife Martha,an attorney,can protect their personal assets with limited liability from their business dealings by creating and operating a professional corporation together.
Correct Answer:
Verified
Q4: Social enterprises are organizations that pledge to
Q5: For those wishing to purchase a franchise,the
Q6: All the business forms listed below have
Q7: Generally,a joint venture is a partnership created
Q8: No formal steps are necessary to create
Q10: A partnership is a taxable entity,separate from
Q11: The most common form of business ownership
Q12: A limited liability company,unlike an S corporation,can
Q13: Corporations have a distinct advantage over other
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