Renata and Danuta Would Like to Form a Business Providing

question 72

Multiple Choice

Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas.The meals would be ordered from a menu provided by their company and prepared and delivered by Renata and Danuta.They hope to eventually have their business become international in scope.They will need to raise $100,000 to get their business running and will eventually have much greater capital needs.From the following choices,select the best form of business Renata and Danuta could adopt?

• A) Nonprofit corporation
• B) Limited-liability company
• C) Syndicate
• D) Joint venture

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Definitions:

Cortisol

A steroid hormone produced by the adrenal gland, involved in the body's stress response as well as metabolism and immune response.

Adrenal Cortex

The outer region of the adrenal glands that produces steroid hormones vital for life, such as cortisol.

Aldosterone

A hormone produced by the adrenal glands that helps regulate blood pressure by balancing sodium and potassium levels.

Thymus Gland

An organ located in the upper chest, it plays a role in the development of the immune system in early life.