The Key to Choosing the "Right" Form of Ownership Is

question 130

Multiple Choice

The key to choosing the "right" form of ownership is:

• A)knowing the cost factor in time and money.
• B)understanding how each form affects both business and personal circumstances.
• C)having an experienced attorney and accountant to advise you in the choice.
• D)the fact you cannot change the form of ownership once your company is established.

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Definitions:

Heredity

The genetic transfer of mental or physical features from parents to their offspring across generations.

Genetics

The branch of biology that deals with heredity and the variation of inherited characteristics in living organisms.

Human Development

The scientific study of the changes that occur in people as they age from conception until death.

Career

The sequence and nature of one's work roles and activities over a period of time, often reflecting personal skills and interests.