GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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lois and lora plan to open a florist shop. lois is unable to devote full time to the daily operations of the shop but wishes to provide financial support. which form of business partnership is most likely to appeal to lois?
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nonprofit
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private
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general
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limited
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Explanation:
Detailed explanation-1: -Which of the following is a characteristic of a product trade-name franchise: The franchisee can choose the name of the business.
Detailed explanation-2: -Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow. This article is for entrepreneurs who are trying to determine their business structure and whether a corporation makes sense for them.
There is 1 question to complete.