The type of business formation you chose can depend upon the nature and size of the business.
Correct Answer:
Verified
Q15: Starting a sole proprietorship can be as
Q16: A corporation is a separate legal entity
Q17: A partnership is two or people carrying
Q18: A sole proprietorship is the simplest form
Q19: A sole proprietor is personally responsible for
Q21: A limited partner has an interest in
Q22: Unless there is a written agreement, a
Q23: Each partner is vicariously liable for the
Q25: A partnership is a group of people
Q39: The provisions of the Partnership Act supersede
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents