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Unformatted text preview: not require the filing of proper documents with the state? La c. Must file (Corporation) Must file (Limited Partnership) Need not file (Sole Proprietorship) 4. Which of the following forms of business can be formed with only one individual owning the business? La b. Yes (Sole Proprietorship) Yes (Limited Liability Company) No (Partnership) 5. Noll Corp. and Orr Corp. are contemplating entering into an unincorporated joint venture. Such a joint venture: La a. Will be treated as a partnership in most important legal respects. 6. What term is used to describe a partnership without a specified duration? La d. A partnership at will...
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This note was uploaded on 11/15/2009 for the course BUSINESS AC592 taught by Professor Becker during the Fall '09 term at Keller Graduate School of Management.
- Fall '09