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jane Doe who has substantial personal wealth and income is considering the possibility of starting a new business in the chemical waste management field. She

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jane Doe who has substantial personal wealth and income is considering the possibility of starting a new business in the chemical waste management field. She will be the sole owner, and she has enough funds to finance the operation. The business will have a relatively high degree of risk and it is expected that the firm will incur losses for the first few years. However, the prospects for growth and positive future income look good and Jane plans to have the firm pay out all of its income as dividends to her once it is well established. Which of the legal forms of business organization below would probably best suither needs by clearly writing "CORRECT" in the space provided? For each of the remaining choices, write "INCORRECT" in the space provided and briefly explain what potential advantages it offers Jane and also why it is the best choice. (Note : You can write several full sentences in the answer boxes but keep the explanations to 15-30 words). a. Proprietorship not Note . You can write several full sentences in the answer boxes but keep the explanations to 15 30 words). a. Proprietorship b. S corporation, correct c. Partnership d. Regular corporation e. In this situation the various forms of organizations listed here seem equally desirable

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