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Better Business, 5/e
book

Better Business, 5/e

by Michael R. Solomon, Mary Anne Poatsy, Kendall Martin
January 2017
Intermediate to advanced
500 pages
33h 23m
English
Pearson
Content preview from Better Business, 5/e

Self-Test: Multiple Choice

You can find the answers on the last page of this text.

  1. 6-1 Omar and Sam are physical therapists who work together. Their office is on the first floor of a building Omar owns. They need protection of their personal assets as well as to protect themselves from any errors their partner makes. Which business structure would best suit their company?

    1. A general partnership

    2. A sole proprietorship

    3. A not-for-profit organization

    4. An LLC

  2. 6-2 Why might a potential business owner want to establish a business as a sole proprietorship?

    1. The owner can use personal assets to satisfy any business liabilities.

    2. The owner can take into consideration the opinions of other business owners.

    3. The owner can generate a separate tax return ...

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Publisher Resources

ISBN: 9780134522746