esb practice exam 1 questions and answers with ver
you need to create a legal structure for your smal
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Esb Practice Exam 1 Questions And
Answers With Verified Solutions Already
Passed!!!
B2B Part 1 - ANSWER✔✔ wholesale flooring distributor because the transaction
implies the materials purchased will be resold thru a retail business, such as an
installer, or a store open to the general public
B2B Part 2 - ANSWER✔✔ purchases requiring a tax exemption certificate
B2C Part 1 - ANSWER✔✔ chain of local grocery scores because purchases at the
store are typically made by buyers for personal use
B2C Part 2 - ANSWER✔✔ motorcycle repair shop because the service provided is
typically for personal use
You need to create a legal structure for your small business. Which legal structure
should you set up for your business? - ANSWER✔✔ S-Corporation
True or false? Owners of equity in a business are founders, partners and
shareholders. - ANSWER✔✔ True
Stages of the business life cycle. - ANSWER✔✔ 1. Existence
2. Survival of the Fittest
3. Success
4. Take-off
5. Maturity
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