Which of the following factors should be considered when choosing the proper legal form for a business?
A) Packaging of the product
B) Location of the factory
C) Earnings reinvestment
D) Name of the product

Question

Quizplus · Accepted Answer

When choosing the proper legal form for a business, it is important to consider earnings reinvestment. This factor is related to the ownership structure, tax implications, and ability to retain and reinvest profits. Packaging of the product, location of the factory, and name of the product are not relevant factors when choosing the legal form of a business.

Which of the Following Factors Should Be Considered When Choosing