In choosing the form in which to conduct business, if ease of formation is the primary concern, the owners would choose a:
A) corporation.
B) limited liability partnership.
C) limited partnership.
D) general partnership.

Question

Quizplus · Accepted Answer

A general partnership is the easiest form of business to establish, as it requires minimal formalities and paperwork compared to other business structures.

In Choosing the Form in Which to Conduct Business, If