In deciding which legal form of business ownership to choose, these professionals must ask themselves all of the following questions _____.
A)How much control do you want
B)Do you want to share profits with others
C)What are your financing needs
D)All of these are critical questions to ask.

Question

Quizplus · Accepted Answer

All three questions (control, profit sharing, and financing needs) are critical in deciding the best legal form of business ownership. Therefore, it is important for professionals to thoroughly consider all options and their implications before deciding on a specific ownership structure.

In Deciding Which Legal Form of Business Ownership to Choose