With all these choice,Jenna's head is swirling with ideas.She knows that Al and Lew have expertise in business and management,but she also knows that she will need to read on her own for more information.Referring back to a textbook she had in her Introduction to Business class in College,she comes upon the following statement:
A) All forms of business ownership ultimately offer the same liability protection.
B) An S-Corporation is a suitable form of business ownership for all businesses,while an LLC is limited to ownership by U.S.citizens.
C) Even if you sell the rights to others to own a similar business,you still need to commit to a form of business ownership.
D) The least risky form of business ownership is still the sole proprietorship,and that is precisely the reason that so many are formed each year.
Correct Answer:
Verified
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