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Determine whethel each description best refers to a sole proprietorship, partnership, corporation, or limited liability company (LLC) mine vvl@'thl eac h (lesoiplion beql to a
Determine whethel each description best refers to a sole proprietorship, partnership, corporation, or limited liability company (LLC)
mine vvl@'thl eac h (lesoiplion beql to a sole proprietor qhip, partnership, corporation. or limitorl liability company (II C). Description 'a and Nancy own Servtces, which pays a business income tax Micah and Nancy do not have personal responsibil'ty for the debts of Hnanctal Services h Rilev and own Speedy Packages. a courier servtce Both are personally Itable for tho Lanrvstet owns Wealth Management The business is a separate legal entity and pays an additional business income tax d Vera the sole owner of Tech Solutions The business is a separate legal entity and does not , pay an additional business income lax 'e Ownership of Zander Company is divided into 1 000 shares of stock The company pays a i hustness Income tax If the, sole owner of Wilson Sports The bustness is not a separate legal entity from Russell and the husiness ends with his death Trent Company is owned by Trent Malone: who is personally "able for the company's debts h Harvev and Louts own NYC Law Harvey and Lows are jointly liable for partnership debts Business Organization
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