Utah General Contractor's Course - Business and Law Exam Prep With Collect Answer

Which business organization is regulated the least by the government? - collect answer-Sole Proprietorship In a general partnership, each partner is liable for the debt of the company up to the percentage of the company they own. - collect answer-false What business organization provides the most financial protection for the owners? - collect answer-Corporation Sole Proprietorships can issue and sell stock in the company to raise capital. - collect answer-false Can a corporation actually be listed as the sole owner of a property? - collect answer-yes Limited Liability Companies have the ability to be passed down to family members when an owner (member) dies. - collect answer-false Sub Chapter "S" Corporations can retain their status no matter how many stockholders they have. - collect answer-false Start-up and operating costs must be considered when creating a ____________ . - collect answer-financial plan