22. Malcolm operates "Serenity Travels", a sole proprietorship. To raise capital, Malcolm contacts Inars who has a lot of money and is willing to invest in his business. If Malcolm wants to make Inara an oan but wants to keep all of the management duties for himself, the best type of business entity to form would be a: a. General Partnership. b. Limited Partnership. c. Limited Liability Company d. Corporation
22. Malcolm operates "Serenity Travels", a sole proprietorship. To raise capital, Malcolm contacts Inars who has a lot of money and is willing to invest in his business. If Malcolm wants to make Inara an oan but wants to keep all of the management duties for himself, the best type of business entity to form would be a: a. General Partnership. b. Limited Partnership. c. Limited Liability Company d. Corporation
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
Problem 5E
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