A study done by the Small Business Administration (SBA) Office of Advocacy in 2011 found that _____ firms changed their legal form in the first four years of their existence.
A) 2 out of 5
B) nearly 35 percent of
C) more than 50 percent of
D) fewer than 1 in 10
E) more than 25 percent of
Correct Answer:
Verified
Q1: Sole proprietorships, partnerships, S-corporations, and limited liability
Q2: Having a strategic plan in place for
Q3: To settle issues between the remaining partners
Q5: All businesses operate under one of four
Q6: Only about 5 percent of all U.S.
Q7: Which of the following is an advantage
Q8: _ partners typically provide capital but do
Q9: Limited liability companies (LLCs) do not permit
Q10: The law mandates a partnership to draw
Q11: A(n) _ is chartered in a state
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents