In Deciding Which Legal Form of Business Ownership to Choose

question 30

Multiple Choice

In deciding which legal form of business ownership to choose, these professionals must ask themselves all of the following questions _____.

• A)How much control do you want
• B)Do you want to share profits with others
• C)What are your financing needs
• D)All of these are critical questions to ask.

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Definitions:

SUV

Sport Utility Vehicle; a vehicle classification that combines elements of road-going passenger cars with features from off-road vehicles.

Design Aspect

Pertains to the elements or characteristics that determine the appearance, function, or success of an object, system, or concept.

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

Project Manager

A professional responsible for planning, executing, and closing projects, overseeing the project team to achieve specific goals.