is/are willing to take on is a factor that influences the determination of the type of legal structure to utilize in commencing business operations.

Question

Quizplus · Accepted Answer

The level of risk a business owner is willing to take on can affect the choice of legal structure for the business. For example, a sole proprietorship may be suitable for someone who is comfortable with the full financial responsibility and liability of their business, while a limited liability company (LLC) may be a better fit for someone who wants to limit their personal financial risk.

Is/are Willing to Take on Is a Factor That Influences