Choices for B:

both/only the nontax/only the tax

Soong is considering opening a lawn-servicing business. a. Considering the nontax factors when choosing a business entity, help Soong by classifying each of the following as "Yes" (factors to consider) or "No" for those he does not need to consider. a. The estimated life of the business. b. The number of owners and their roles in the management of the business. C. Freedom of choice in transferring ownership interests. d. His age and marital status. e. The organizational formality required to establish the entity. b. Are nontax factors more important than tax factors to Soong? factors are important