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You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan.
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17 votes
17 votes
You need to create a legal structure for your small business. You have plans for it to grow and hope in the future to sell shares to the public. Your startup partners are citizens of Mexico and Japan. You do not want to be personally responsible for business liabilities. Which legal structure should you set up for your business?

Question 1 options:

Limited Liability Company


S- Corporation


Sole Proprietorship


C- Corporation

User Nicholas Domenichini
by
2.9k points

2 Answers

16 votes
16 votes

Answer:

C- Corporation

Step-by-step explanation:

User Alan Birtles
by
3.2k points
21 votes
21 votes
Answer:
C-Corporation

User Magige Daniel
by
3.2k points
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