Sam and Nina want to start a dry-cleaning service and need to decide on the best form of business ownership, based on their respective abilities and the kind of business they want to run. They could either jointly own the business as a partnership, or one of them could own it as a sole proprietorship.
Which of the following, if true, would strengthen the case for Nina running the business as a sole proprietorship?
Sam is experienced in dry-cleaning.
Sam has a wide base of existing customer contacts.
Sam is not willing to take on legal liability in the company.
Nina is relatively new to the dry-cleaning business.
Nina is not much of a "people person."

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The Answer of Sam and Nina want to start a dry-cleaning service and need to decide on the best form of business ownership, based on their respective abilities and the kind of business they want to run. They could either jointly own the business as a partnership, or one of them could own it as a sole proprietorship.
Which of the following, if true, would strengthen the case for Nina running the business as a sole proprietorship?
Sam is experienced in dry-cleaning.
Sam has a wide base of existing customer contacts.
Sam is not willing to take on legal liability in the company.
Nina is relatively new to the dry-cleaning business.
Nina is not much of a "people person."

Sam and Nina Want to Start a Dry-Cleaning Service and Need