Afton wants to go into business as Boom! to make and market fireworks. When deciding which form of business organization would be most appropriate, Afton would normally take into account all of the following except
A)the liability of the owners.
B)the forms of competitors' business organizations.
C)tax considerations.
D)the need for capital.

Question

Quizplus · Accepted Answer

The forms of competitors' business organizations are generally not a primary factor in deciding the form of one's own business organization. Key considerations typically include liability, tax implications, and capital needs, rather than how competitors structure their businesses.

Afton Wants to Go into Business as Boom! to Make