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Please click enlarge and view all options attached. Quality Environmental Inc. needs funds, and Mary Wu, the president, has asked you to consider investing in

Please click enlarge and view all options attached.

Quality Environmental Inc. needs funds, and Mary Wu, the president, has asked you to consider investing in the business. Answer the following questions about the different ways in which Wu might organize the business. Explain each answer.

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a) Options (corporation or partnership or proprietorship) (corporation or partnership or proprietorship)

(Cannot force partners to pay the business debt from their personal assets or Cannot force proprietors to pay the business debt from their personal assets or Cannot force shareholders to pay the business debt from their personal assets)

b . options (corporation or partnership or proprietorship) (are multiple owners, but the president has absolute control over the business or is a single owner of the business, so the owner has absolute control over the business, or is more than one owner, which will give Wu the most control over the business)

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

a. What form of organization will enable the owners of Quality Environmental to limit their risk of loss to the amount they have invested in the business? If the fails and cannot pay its liabilities, creditors V. Therefore, the most an investor can expect to lose on an investment in this type of is the amount invested b. What form of business organization will give Wu the most freedom to manage the business as she wishes? V will give Wu the most freedom to manage the business as she wishes. Under this form, there C. What form of organization will give creditors the maximum protection in the event that Quality Environmental fails and cannot pay its liabilities? If the fails and cannot pay its liabilities, creditors can This affords more protection to creditors because there The form of business organization to choose would depend upon your objective. If you want to maintain absolute control of the business, you may prefer to organize as a If your objective is to maintain a high degree of control but you need additional money or expertise, a may work for you. If you want the business to grow large, or if you wish to avoid personal liability for business debts, you should organize as a is te amount invested. b. What form of business organization will give Wu the most freedom to manage the business as she wishes? A will give Wu the most freedom to manage the business as she wishes. Under this form, there c. What form of organization will give creditors the maximum protection in the event that Quality Environmental fails and cannot pay its liabilities? If the fails and cannot pay its liabilities, creditors can This affords more protection to creditors because there corporation The f partnership proprietorship ation to choose would depend upon your objective. If you want to maintain absolute control of the business, you may prefer to organize as a If your objective is to mainta may work for you. If you want the business to grow large, or if you wish to avoid personal liability for business debts, you should organize as a additi a Click to select your answers) Save for Later Type here to search O s b. What form of business organization will give Wu the most freedom to manage the business as she wishes? A will give Wu the most freedom to manage the business as she wishes. Under this form, there c. What form of organization will give creditors the maximum protection in the event that Quality Environmental fails and cannot pay its liabilities? If the fails and cannot pay its liabilities, creditors can This affords more protection to creditors because there hy force the partners to pay the business's debts from their personal assets The form of business organization to choose would depend upon your rganize as a If your objective is to maintain a high degre force the shareholders to pay the business's debts from their personal assets additional money or expertise, a may work for you. If you www yr uw ronyo, www ws debts you should organize as a Click to select your answer(s) Save for Later Type here to search ORI e E. 5 manage the business as she wishes? will give Wu the most freedom to manage the business as she wishes. Under this form, there c. What form of organization will give creditors the maximum protection in the event that Quality Environmental fails and cannot pay its liabilities? If the fails and cannot pay its liabilities, creditors can This affords mo are multiple shareholders who will share this personal liability for the business's debts are two or more owners to share this personal liability for the business's debts is one owner who assumes personal liability for the business's debts naintain absolute control of the business, you may prefer to organize as grow large, or if you wish to avoid personal liability for business debts, Save for Later Type here to search o 13 etorship if the partnership fails and cannot pay its liabilities, creditors is the amount invested Therefore, the most an investor can expect to lose on an investment in this type of tform of business organization will give Wu the most freedom to manage the business as she wishes? will give Wu the most freedom to manage the business as she wishes Under this form, there at form of organization will give creditors the macmum protection in the event that Quality Environmental fails and cannot pay its liabilities? tails and cannot pay its liabilities, creditors can This affords more protection to creditors because there m of business organization to choose would depend upon your objective. If you want to maintain absolute control of the business, you may prefer to organize as a al money or expertise, a may work for you. If you want the business to grow large, or if you wish to avoid personal liability for business debts, you If your objective is to maintain a high degree of control but you need select your answers corporation partnership proprietorship Type here to search OP 22 ) ENG 208 PM 2020-10-04 8 b. What form of business organization will give Wu the most freedom to manage the business as she wishes? wil give Wu the most freedom to manage the business as she wishes. Under this form, there c. What form of organization will give creditors the maximum protection in the event that Quality Environmental fals and cannot pay its babilities? if the tails and cannot pay its liabilities, creditors can This affords more protection to creditors corporation partnership proprietorship The form of business organization to choose would depend upon your objective. If you want to maintain absolute control of the business, you may prefer to organize as a additional money or expertise, a may work for you if you want the business to grow large, or if you wish to avoid personal liability for business debts, you should organize as a If you na high degree of control but you need Click to select your answer(s) . Save for Later Type here to search O ir ef ENG 209 PM 2020-10-04 8 E

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