In choosing a business entity which of the following is NOT a factor in making the decision?
A)Tax implications.
B)Limiting potential liability.
C)Government approval.
D)Opportunity to raise capital.

Question

Quizplus · Accepted Answer

All other factors (tax implications, limiting potential liability, and opportunity to raise capital) are usually considered when choosing a business entity. However, government approval is not a factor as long as the selected entity is recognized and legal under the laws of the jurisdiction in which the business operates.

In Choosing a Business Entity Which of the Following Is