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9) From the perspective of access to capital, the best form of business organization is the9 B) S corporation. corporation. A) partnership. sole proprietorship. 10) 10) From the perspective of control, the best form of business organization is the A) S corporation. C) sole proprietorship. B) partnership. D) corporation. 11) Which of the following statements is incorrect? A) An advantage of sole proprietorships is that the owner has complete control. B) S corporations are considered a hybrid organization. C) Partnerships have unlimited liability D) Most sole proprietors raise money by borrowing from banks. 12) Which statement is incorrect regarding hybrid organizations? A) They offer limited risk to the owners. B) They offer the same type of control as a sole proprietorship. C) They offer single taxation. D) All of these choices are correct. 13) An angel investor differs from a venture capitalist because of the 13) A) size of investment. C) type of investment. JB) voting rights. D) investment time frame. 14) Which of the following is NOT considered a hybrid organization? A) limited liability company B) limited liability partnership C) limited partnership D) S corporation E)all of these choices are correct. 15) As individual legal entities, corporations assume liability for their own debts, so the 15) sharcholders hold A) shared liability C) only limited liability B) joint liability D) unlimited liability 16) In order for an angel investor or venture capitalist to exchange capital for ownership 16) in a business that is a sole proprietorship, which of these must happen? A) The business must be re-formed as a partnership. B) Both the business must be re-formed as a partnership and the owner must give up some control C) The owner must co sign on all loans. D) The owner must give up some control