Which type of business organization will meet Kerry's needs best? Give arguments to support your Name two other types of business organization and explain each.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Kerry Donovan plans on opening Donovan's Fashion Designs. She is considering
the various types of business organizations and wishes to organize her business with
unlimited life and limited liability features. Additionally, Kerry wants the option to
raise additional equity easily in the future.
Requirements:
1. Which type of business organization will meet Kerry's needs best? Give arguments to support your anwer
2. Name two other types of business organization and explain each.
Transcribed Image Text:Kerry Donovan plans on opening Donovan's Fashion Designs. She is considering the various types of business organizations and wishes to organize her business with unlimited life and limited liability features. Additionally, Kerry wants the option to raise additional equity easily in the future. Requirements: 1. Which type of business organization will meet Kerry's needs best? Give arguments to support your anwer 2. Name two other types of business organization and explain each.
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