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Question

Which of the following is a type of legal entity that a new business might take the form of?Corporation

Limited-liability corporation or partnership

 

Sole proprietorship

All of the answers are correct.

1. 'DBA' stands for _____.

Designated business agency

Doing business as

Detailed business arrangement

Dated business agreement

2. Which of the following factors does not apply to the legal structure that's best for a business?

Potential for attracting investors

How the business owner will be taxed by the IRS

Degree of personal risk as an owner

State of residence

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Which of the following is a type of legal entity that a new business might take the form of? Corporation Limited-liability corporation or partnership...
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