Amal and Nasim Would Like a Form of Business That

question 43

Multiple Choice

Amal and Nasim would like a form of business that combines the benefits of a corporation and a partnership while avoiding some of the restrictions associated with those forms of ownership. Which type of business should they form?

• A) syndicate
• B) conglomerate
• C) joint venture
• D) LLP

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Definitions:

Benefits and Costs

The positive outcomes and the negative impacts, respectively, associated with a decision or action.

Interests and Values

Personal preferences and principles that guide an individual's decisions and behavior.

Decision Consequence

The outcome or result that follows from a decision.

Directly Affect

To have an immediate and direct impact or influence on something or someone.