Huma and Zuma want to start Spring High, a business that would take high school students on

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Huma and Zuma want to start Spring High, a business that would take high school students on safe, educational trips during spring break. Eventually, they hope to seek venture capital money and expand the business nationally. After reading up on the legal issues online, Huma thinks Spring High should be a close corporation, while Zuma proposes that it be an S corporation. Neither thinks they should choose an LLC. Who is right?

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Introduction To Business Law

ISBN: 9781337404341

6th Edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Abril

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