Question
Identify which type of business is best for each scenario. 1-Griselda and Murray own a store that sells window shades and drapes. Griselda sews the
Identify which type of business is best for each scenario. 1-Griselda and Murray own a store that sells window shades and drapes. Griselda sews the drapes and Murray manufactures the shades. They co-manage the business and share profits. Unfortunately, the store is located on a road that gets very icy in winter. Despite having insurance, Griselda and Murray are concerned about protecting their personal assets should a customer sue them. What business structure would be best for Griselda and Murray?
2-Pfizer Pharmaceutical, Inc. and Novartis Pharmaceutical, Inc. enter into a contract to combine resources and create a universal vaccine that will vaccinate people against every variant of Covid-19. What business structure is this?
Joint Stock Company Franchise Limited Partnership Sole Proprietorship Syndicate Limited Liability Partnership Joint Venture Partnership Business Trust Cooperative
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