Question: Please provide a clear answer to this question: Jill and Jane plan to start a business in which each will be an equal owner but

Please provide a clear answer to this question:

Jill and Jane plan to start a business in which each will be an equal owner but only Jill will be active in the business. They do not want to form a corporation. Which of the form is their best choice for the business organizations?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

7. Jill and Jane plan to start a business in which each will be an equal owner, but only Jill will be active in the business. They do not want to form a corporation. Which of the form is their best...

Jill and Jane plan to start a business in which each will be an equal owner, but only Jill will be active in the business.They do not want to form a corporation.Which of the form is their best choice...

Please answer all questions. I need Pestle analysis, 5 force analysis or VRIO analysis done and it needs to be on this case study: IKEA's international marketing strategy in china. 4. Markets with...

Copyright 2007 by Kelley School of Business, Indiana University. For reprints, call HBS Publishing at (800) 545-7685. For the exclusive use of A. Alnajrani, 2016. BH 257 Business Horizons (2007) 50,...

the course name is project management. please provide the answer of these asked question by reviewing the case. Tales of Customer Service This is an extract from one of the CBC radio show Under the...

PLEASE CREATE AN IN DEPTH CASE ANALYSIS AND ANSWER THE FOLLOWING QUESTIONS AS STATED. PLEASE USE THIS FORMAT IN ANSWERING CASE STUDIES CASE 6.1 Interface Asia-Pacific Interface Ltd, a carpet company,...

Assessment Task: As a student of this course, you are required to demonstrate your competency in organizing and conducting a business meeting. You will plan and conduct a meeting with your fellow...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Project Scope Statement Project Name Project Number Prioritization Project Manager Owner(s) Statement of Work Project Description and Project Product This section is typically a detailed...

What were the causes of the credit crunch and the banking crisis of 2008?

Explain why the income statement, statement of retained earnings, and statement of cash flows would be dated For the Year Ended December 31, 2015, whereas the balance sheet would be dated At December...

31. In areas where rats are a problem, it is very diffi cult to exterminate them with bait poison. Th ats because some rats eat enough poison to die but others eat only enough to become sick and then...

The Transactional Records Access Clearinghouse at Syracuse University reported data showing the odds of an Internal Revenue Service (IRS) audit. The following table shows the average adjusted gross...

The hydroxymethylation of toluene is to be carried out in a packed bed reactor. Plot the conversion, the pressure ratio, and the partial pressures of toluene, hydrogen and benzene as a function of...

(3) Let f: {|z|

(2) Let C+ = {zE C\Im(2) > 0} and C_{z E C|Im(2)

ABC Company has the following information pertaining to its biological assets for the year 2020: A herd of 150, 3-year old animals was held at January 1, 2020. Eight animals aged 2.5 years were...

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

5. Develop a circular model, with positive and negative feedback loops, showing the relationships between the following critical variables: The population of a city Industrialization Relocation ...

The quality of the proposed ideas

The number of new ideas that emerge