Final answer:
When considering the choice of organization for their business, Martin, Leah, and Pablo should take into account factors such as ease of creation and operation, personal liability for the owners, and how the owners will be taxed. Option d
Step-by-step explanation:
When considering the choice of organization for their business, Martin, Leah, and Pablo should take into account several factors:
Ease of creation and operation: They should consider how easy it is to start and manage the chosen form of business organization. For example, sole proprietorships and partnerships are relatively easy to create and operate compared to corporations.
Personal liability for the owners: They need to understand the level of personal liability they will have as owners of the business. Sole proprietorships and partnerships may have unlimited personal liability, while corporations and limited liability companies (LLCs) provide some protection against personal liability.
Taxation: Martin, Leah, and Pablo should consider how they will be taxed as owners of the business. Each form of business organization has different tax implications. Sole proprietors and partners report business income on their personal tax returns, while corporations and LLCs may have separate tax structures.
Considering all these factors is important in making an informed choice of organization for their business. Option d