The structure that would generally have the lowest set-up costs is a:
A) private company.
B) partnership.
C) public company.
D) B and C both have equally low set-up costs.

Question

Quizplus · Accepted Answer

Partnerships generally have lower set-up costs compared to private and public companies. This is because they require less formal paperwork and regulatory compliance, making the initial process cheaper and simpler.

The Structure That Would Generally Have the Lowest Set-Up Costs