Samantha Has a Talent for Making Attractive but Inexpensive Jewellery

question 44

Multiple Choice

Samantha has a talent for making attractive but inexpensive jewellery and wants to set up a small business to sell some of her creations.She asks for your advice about setting up her firm,telling you that she wants to start her business as quickly and inexpensively as possible.In addition,she doesn't want to share control (or profits) with anyone else.Which form of business ownership would you suggest for Samantha?

• A)corporation
• B)limited liability company (LLC)
• C)sole proprietorship
• D)general partnership

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Definitions:

Language Differences

Variations in speech or writing that exist among languages, including differences in syntax, grammar, vocabulary, and phonetics.

Brand Names

Names given to products or services by companies to distinguish them from competitors, often a significant factor in consumer preference.

Language Faux Pas

An error or mistake in language use, often in a social or cultural context, that might be considered inappropriate, embarrassing, or offensive.

Tariffs

Taxes imposed by a government on imported goods to protect domestic industries or generate revenue.