Sole Proprietorship
Partnership
Corporation
Hybrid - LLC
Hybrid - LLP
100
If the owners are individuals what is the form of organization?
What is sole proprietorship
100
A disadvantage of a general partnership is that each partner
What is liable for the business's losses.
100
describe the owners of a corporation
What is stock holders
100
who are the owners of this type of organization
What is stock holders/ members
100
describe the owners of this form of ownership
What is 1 general partner or other partners
200
What type of taxes do sole proprietorship's pay?
What is none
200
describe the ownership of a partnership
What is partners
200
how are corporations taxed
What is corporate income tax and individuals dividends tax
200
what steps are needed to legalize this form of business
What is What is apply for charter from the state, file articles of incorporation, pay incorporation fee, pay attorney and government fees
200
how are hybrid LLPs taxed
What is none
300
A major advantage of a sole proprietorship is
What is ease of start-up.
300
how are partnerships taxed
What is ... they aren't
300
what is a corporation
What is The form of business ownership that can raise money easily is the
300
what is the level of difficulty it takes to start a hybrid LLC
What is moderate
300
is this form of business easy moderate or difficult
What is moderate
400
What is a sole proprietorship
What is a small business that can easily be managed by one person
400
do partnerships have limited or unlimited liability
What is unlimited
400
what steps are needed to legalize this form of business
What is apply for charter from the state, file articles of incorporation, pay incorporation fee, pay attorney and government fees
400
who receives the profits in a hybrid LLC
What is stockholders/ members
400
who receives the profit from this form of business ownership
What is partners
500
What sort of benefit does a sole proprietorship have
What is reaping all the profits
500
what paperwork is necessary to start a partnership
What is DBA form, Federal EIN form, State EIN form, partnership agreement
500
what kind of liability does a corporation have
What is limited
500
does this form of business have limited or unlimited liability
What is limited
500
what is the liability associated with hybrid LLPS
What is unlimited for general partner, limited for all other partners
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