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  • TN CONTRACTORS LICENSE
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Tn Contractors License Actual Exam 100% Correct Answers

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Institution TN CONTRACTORS LICENSE
Course TN CONTRACTORS LICENSE
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TN CONTRACTORS LICENSE ACTUAL EXAM 100% CORRECT ANSWERS Sole Proprietorship - ANSWER Partnership - ANSWER --Single owner, unlimited personal liability, --Two or more owners, unlimited personal liability Entrepreneur - ANSWER Business Plan - ANSWER --A person who starts up and takes on the risk of a business --Cover Page, Executive Summary, Company Summary, Products/Services, market analysis, market strategy, finanicial plan C Corporation - ANSWER --The most common type of corporation, which is a legal business entity that offers limited liability to all of its owners, who are called stockholders

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TN CONTRACTORS LICENSE
ACTUAL EXAM 100% CORRECT
ANSWERS


Sole Proprietorship - ANSWER --Single owner, unlimited personal liability,



Partnership - ANSWER --Two or more owners, unlimited personal liability



Entrepreneur - ANSWER --A person who starts up and takes on the risk of a business



Business Plan - ANSWER --Cover Page, Executive Summary, Company Summary,
Products/Services, market analysis, market strategy, finanicial plan



C Corporation - ANSWER --The most common type of corporation, which is a legal
business entity that offers limited liability to all of its owners, who are called stockholders



S corporation - ANSWER --A unique government creation that looks like a corporation but
is taxed like sole proprietorships and partnerships



LLC (Limited Liability Company) - ANSWER --A company similar to an S corporation but
without the special eligibility requirements.



Contractors License - ANSWER --Needed for those doing work over $25,000 - includes
subs in MEP

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