You and Four Friends Are Opening a Studio to Create

question 69

Multiple Choice

You and four friends are opening a studio to create new Xbox games. You hope to raise $500,000 early on by selling equity in the business. You'll then reinvest profits back into the business to drive growth and minimize taxes. Within five years, you hope to sell the majority of the business to an angel investor or venture capital firm. Which form of business best fits your needs?

• A) sole proprietorship
• B) partnership
• C) corporation
• D) pass-through proprietorship

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Definitions:

Compounds Shown

A reference indicating the specification or demonstration of certain chemical compounds, possibly within a scientific context or study.

Asymmetric Carbon

A carbon atom that is attached to four different types of atoms or groups, resulting in chirality and optical activity in the molecule.

Conformational Isomers

Molecules that have the same molecular formula but differ in the orientation of their atoms in space due to rotation around single bonds.

Constitutional Isomers

Compounds that have the same molecular formula but differ in the connectivity of their atoms, leading to different physical and chemical properties.