The Choice of Business Structure Is an Important Decision for Many

question 33

Multiple Choice

The choice of business structure is an important decision for many reasons.Which of the following is not an important practical consideration to be taken into account when deciding what structure a proposed business ought to have?

• A)The ease and cost of setting up the structure.
• B)The way tax is paid and finance is secured.
• C)The ongoing regulatory obligations.
• D)The name of the business.

---

Definitions:

Economic Concentration

A situation where a small number of firms or businesses control a large portion of market share within an industry.

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marked by significant social, political, and industrial changes worldwide.

Freedom of Contract

A principle that individuals have the liberty to form, define, and enforce contracts without unnecessary intervention from the government.

Employers

Individuals or organizations that hire and provide work to employees in exchange for their services.