Exam (elaborations)
ESB Certification Questions and Answers
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Exam of 1 pages for the course esb at esb (ESB Certification)
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ESB CertificationC Corporation - answer Double taxed, shareholders and corporation, great for
international businesses
S Corporation - answer Lower tax, pay on personal income only, like the C
corporation but for smaller businesess.
LLC - answer great for individuals with low risks
nonprofit organization - answer owned by no one, no tax paid
HUD - answer Help America's housing needs and improve communities.
SBA - answer administrate loans and grants and provides education to entrepeneurs
and small business.
SCORE - answer Partner of SBA, provides business mentoring from volunteers to
help establish small business owners.
Harvesting - answer Merging/acquisition a business
Management buyout - answer Transfering ownership to people who already operate
the business
Employee stock ownership - answer Business owner sell business to fund retirement
for employees
Initial public offering - answer Selling shares into the public
USDA - answer Provide leadership on food
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