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QUESTION 21 Caria and John enter into a partnership and form a business. Under the partnership agreement. Carla is directly responsible for the management of

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QUESTION 21 Caria and John enter into a partnership and form a business. Under the partnership agreement. Carla is directly responsible for the management of the form and its abilities. john has a minor financial stake in the firm and works there, but he is not held responsible for the taxes and debts owed by the firm in the content of the legat forms of business. Carta and John have formed a Subchapter Corporation sole proprietorship O limited liability partnership general partnership QUESTION 22 If a small business has employees, the business must have an) NAICS Code US Industry Code Business Rating Code Employer identification Number (EIN) QUESTION 23 A small business owner may want to exit the business because all the assets are in the business the business has done very well but the future does not hold the same potential for similar success. other opportunities are available all of these

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