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 weaken the case for Nina running the business as a sole proprietorship?
Nina has a degree in accounting.
Nina's parents also ran a dry-cleaning business.
Nina had the initial idea to start the new business.
Sam is anxious to take on a lead role in the business.
Sam does not have any previous dry-cleaning experience.
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