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1. Juan wants to be involved in business. He has plenty of capital to invest, but he does not want to be involved in management

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1. Juan wants to be involved in business. He has plenty of capital to invest, but he does not want to be involved in management He also does not want to worry about uctuations in the market prices of debt and equity instruments. Which form of business would be best for Juan? ' General partnership ' Sole proprietorship ' Corporation ' LLC 1. Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible under her circumstances. Which form of business would be best for Rita? ' Limited partnership ' Sole proprietorship ' LLC ' Corporation 1. Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability for her business and wants to be able to close the business when she is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship organization for her business? ' Avoidance of sole liability ' Ability to close the business easily ' Plenty of capital ' Many potential investors/partners

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