Ease and cost of formation have little to do with the selection of the form under which a business should operate.

Question

Quizplus · Accepted Answer

Ease and cost of formation are important factors to consider when selecting a form of business, as they can impact the legal and financial responsibilities of the business owner(s) and affect the overall operations and success of the business. Other important factors to consider include taxation, liability, management, funding, and growth potential.

Ease and Cost of Formation Have Little to Do with the Selection