Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. . tuan and ella are going to establish a business.

. Tuan and Ella are going to establish a business. They expect the business to...

80.2K

Verified Solution

Question

Accounting

. Tuan and Ella are going to establish a business. They expect the business to be very successful in the long run, but project losses of approximately $100,000 for each of the first five years. Due to potential environmental concerns, limited liability is a requisite for the owners. Which form of business entity should they select?

  1. General partnership.
  2. Limited partnership.
  3. C corporation.
  4. S corporation.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

the parabola s avs of symmetry Use the graphing tool to graph the equation Use...

Basic Math
Q

How has treatment, prevention and social support for chronic illness changed over time? Provide a specific...

Psychology
Q

describe motivation(intensity,direction,persistence) and give examples

Psychology
Q

Q 5 Velu stood on the platform but he felt as if he was still...

Physics
Q

Loan payments of $3900 due three years ago and $2400 due in four years are...

Accounting
Q

PROBLEM 13-32 Keep or Sell Property [L01] Ben Ryatt, professor of languages at...

Accounting
Q

Can you please tell me what the General Ledger entries would be for this! I've...

Accounting
Q

When U.S. dollar strengthen relative to Japanese yen, it reflects that: a.U.S. dollar have same...

Accounting
Q

Income from continuing operations would not include a. Bad debt expense b. Loss from the...

Accounting
Q

Reynolds Resorts is currently 100% equity financed. The CFO is considering a recapitalization plan under...

Finance
Q

(b) You have just inherited a large sum of money which entitle you to receive...

Finance
Q

Find the inflation rate from 1980 to 2005 table price index. Average Annual Consumer Price...

Finance