When Linda McAnem Began Stirya, a New York-Based Computer Services

question 9

Multiple Choice

When Linda McAnem began Stirya, a New York-based computer services company, she ran it as a sole proprietorship.As the business grew, she realized that she did not want to be personally liable for the business's debts and wanted her business accounts to be separate from her personal accounts.Therefore, she should have:

• A)incorporated Stirya
• B)found limited partners
• C)created a general proprietorship
• D)created an S proprietorship
• E)franchised the business

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