The text identifies the formation of a/an __________ as one major way of minimizing the risk to an entrepreneur.

Question

Quizplus · Accepted Answer

The text suggests that one major way to minimize risk for an entrepreneur is to form a corporation. Incorporating a business creates a separate legal entity that can shield the personal assets of the entrepreneur from business liabilities, thus reducing risk. Trusts, loopholes, and interlocking directorates are not listed in the text as major ways to minimize risk for an entrepreneur.

The Text Identifies the Formation of A/an __________ as One