In Choosing the Form in Which to Conduct Business, If

question 22

Multiple Choice

In choosing the form in which to conduct business, if ease of formation is the primary concern, the owners would choose a:

• A) corporation.
• B) limited liability partnership.
• C) limited partnership.
• D) general partnership.

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Definitions:

FAB Presentation

A selling approach focusing on Features, Advantages, and Benefits of a product or service to persuade customers.

Referral

A recommendation from one person to another, directing someone towards a particular service, product, or professional.

Complimentary

Given free of charge, often as a courtesy or for promotional purposes.

Introductory

Pertaining to the beginning or initial phase of something, often used to describe the first exposure to a topic or the initial version of a product.