Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

2. Why would most people choose to have a sole proprietorship instead of an LLC? A. Less upfront cost B. You have multiple partners C.

image text in transcribed
2. Why would most people choose to have a sole proprietorship instead of an LLC? A. Less upfront cost B. You have multiple partners C. More liability D. All of the above E. None of the above 3. Why would most people choose to have an LLC or C-Corp instead of a sole proprietorship? A. Easier to set up B. Easier to dissolve C. You have no partners D. Less personal liability E. None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions