Harry wants to start a personal training business.He should choose a sole proprietorship entity if:
A) he seeks limited liability.
B) he seeks perpetual existence for the new company.
C) he seeks the ability to raise capital by selling equity in the business.
D) he seeks to avoid management conflict
Correct Answer:
Verified
Q43: Stan and Frank have started a general
Q45: Redrock GP has decided to go out
Q46: Which of the following requires a formal
Q46: Jonathan has graduated and wants to start
Q47: Steve has opened a sole proprietorship bicycle
Q49: Frank and Jesse are operating as a
Q51: Regarding limited partners:
A) they may withdraw from
Q53: The Revised Uniform Partnership Act mandates that
Q54: With regard to taxation of partnerships,
A) a
Q56: A disadvantage of the sole proprietorship is
A)
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