Which of the Following Is True About the Choice of Business

Which of the following is true about the choice of business entity for an entrepreneur?

A) The choice will be determined by the amount of capital invested.
B) The Internal Revenue Service will determine the type of entity based on all the facts and circumstances.
C) The choice will be determined by whether the primary business is services or goods.
D) The choice will take into account many factors,with wide latitude in finding an entity that has all the characteristics desired.
E) The choice will take into account many factors,but the entrepreneur usually will have to accept substantial tradeoffs,as each different entity generally has a set of characteristics that must be accepted in total,the desirable and the undesirable.