Question: Sam decides to start selling widgets, so he writes up a business plan, gets a bank loan, and starts renting a storefront in the Dalton

Sam decides to start selling widgets, so he writes up a business plan, gets a bank loan, and starts renting a storefront in the Dalton Mall. He puts up a sign at the front of the store and runs some ads in the newspaper. Sam is operating his business as a __________.

Question options:

A.

Limited Liability Limited Partnership

B.

General Partnership

C.

Nonprofit Corporation

D.

Sole Proprietorship

E.

Limited Partnership

F.

Limited Liability Company

G.

Corporation

H.

Limited Liability Partnership

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 General Management Questions!