Jennifer is a university student looking to earn some cash for tuition over the summer months (April-August).She has decided to start a lawn care business,what business structure would best suit her needs?
A)private corporation
B)public corporation
C)general partnership
D)sole proprietorship

Question

Quizplus · Accepted Answer

A sole proprietorship is the simplest form of business structure, suitable for Jennifer's small-scale lawn care business. It is inexpensive to set up and maintain, and allows Jennifer to have complete control over her business. This structure also allows her to report business income and expenses on her personal income tax return. The other options (private corporation, public corporation, general partnership) may be too complicated, unnecessary, or expensive for Jennifer's needs.

Jennifer Is a University Student Looking to Earn Some Cash