Juan wants to be involved in business. He has plenty of capital to invest, but he does not want to be involved in management. He also does not want to worry about fluctuations in the market prices of debt and equity instruments. Which form of business would be best for Juan? A) Sole Proprietorship

B) Corporation

C) LLC

D) General Partnership

Answer: I think B

Explanation:

' Sole proprietorship

' Corporation ' LLC 1. Rita wants to be involved in business. She has a fair amount of money to invest, but she does not

want to be involved in management. She wants to form a business in the quickest way possible

under her circumstances. Which form of business would be best for Rita? ' Limited partnership ' Sole proprietorship

' LLC

' Corporation 1. Kara wants to build a business. She has plenty of capital and potential investors and partners. She

wants to avoid the burden of sole liability for her business and wants to be able to close the

business when she is no longer interested in it. Which of the following would lead Kara to choose a

sole proprietorship organization for her business? ' Avoidance of sole liability ' Ability to close the business easily ' Plenty of capital ' Many potential investors/partner