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Ben and his family run a small winery in Sonoma, California, called Doodle Wines Inc. Ben approaches a lawyer and is looking to incorporate. Ben
Ben and his family run a small winery in Sonoma, California, called Doodle Wines Inc. Ben approaches a lawyer and is looking to incorporate. Ben tells the lawyer that he and his family value a corporation that would be low maintenance, protect personal assets, and provide for the family to retain control over the day-to-day operations of the business. What business structure should the lawyer recommend?
a. | C corporation | |
b. | General partnership | |
c. | Franchise | |
d. | Close corporation |
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