When Deciding the Form of Organization of a New Business

question 50

Multiple Choice

When deciding the form of organization of a new business the factors to consider would be all of the following except:

• A)The need to raise large amounts of capital.
• B)The need for continuity in business operations.
• C)The potential profits of the organization.
• D)The personal liabilities of the owners.

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Definitions:

Suggestibility

The degree to which individuals are inclined to accept and incorporate ideas or beliefs without sufficient evidence or critical analysis.

Systematic Procedure

An organized, methodical approach to conducting operations or tasks following a predefined set of rules or standards.

Prescription Drug

A Prescription Drug is a medication that is lawfully available only with a written order from a licensed healthcare practitioner.

Narcolepsy

A sleep disorder characterized by excessive daytime sleepiness and sudden attacks of sleep.