M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 85

Thomas thinks that organizing as a partnership would be best because

A. it is the most complicated to form.

B. they are a small company and do not need to be a corporation.

C. it gives them limited liability.

D. it would allow them to rely on their own financial resources and talents.

E. Thomas actually thinks that sole proprietorship would be best.