Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I am the only one running the business, best fit for that situation meaning: LLC, LLP, S-Corp, etc. 28/2020 course Project opening the doors to

I am the only one running the business, best fit for that situation meaning: LLC, LLP, S-Corp, etc.

image text in transcribed
28/2020 course Project opening the doors to Your Business Assignments - B234/BUL2241 Section 05 Business Law (5.5 ... After your negotiation and transaction with Mr. Barker, you start to realize that this could be a lucrative business. Your mother has been bugging you for months to get rid of all of the other children's meal toys that you collected over the years. With your estimate, you probably have over $10,000 worth of toys. For this part of the project, you will be starting your own business selling the children's meals toys. At this point in time, you are the only one running the business, and you will not have any employees. If you were to structure a business based on the facts of this situation, which would you choose and why is that the best fit? At this point in time, you are the only one running the business and you will not have any employees

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Intellectual Property Law

Authors: Lionel Bently, Brad Sherman, Dev Gangjee, Phillip Johnson

5th Edition

0198769954, 978-0198769958

More Books

Students also viewed these Law questions

Question

2. I try to be as logical as possible

Answered: 1 week ago