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with the united states. 9. Conducting background checks of potential employees is considered helpful for an employer to a. Defend against negligent hiring b. Prevent
with the united states. 9. Conducting background checks of potential employees is considered helpful for an employer to a. Defend against negligent hiring b. Prevent misuse of apparent authority c. Comply with the employee manual d. Fulfill fiduciary obligations 10. A business owner wishes to organize a business that permits the sale of stock to raise significant operating capital. The preferred business organization would be a. Sole Proprietorship b. General Partnership c. Limited Partnership d. C Corporation e. S Corporation f. Limited Liability Company 11. Three business owners wish to organize a business in the least expensive, easiest and quickest manner. Their best choice? a. Sole Proprietorship b. General Partnership c. Limited Partnership e. S Corporation f. Limited Liability Company 12. Four business owners of a small accounting practice are organized as a general partnership and they wish to become a corporation, but they do not wish to be subject to corporate tax. Their best choice? (two possible answers) a. Sole Proprietorship b. General Partnership c. Limited Partnership d. C Corporation e. S Corporation f. Limited Liability Company
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