Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability
Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability for her business and wants to be able to close the business when she is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship organization for her business?
A.Many potential investors/partners
B.Plenty of capital
C.Avoidance of sole liability
D.Ability to close the business easily
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started