BUS 1001 Unit 1 Challenge 2 Questions and Answers(100% VERIFIED A+ GRADED )

Unit 1 Challenge 2 Which of the following individuals would benefit most from an LLC? a.)Tessa has a great idea for a start-up and wants a form of business organization that will make it easy for her to raise funds quickly. b.)Gerald wants to formalize his business, but he's interested in the simplest form of business organization and not really worried about liability. c.)Hector is thinking of starting a business and wants a form of organization that gives him flexibility and adaptability when it comes to taxes. d.)Veronica is going into business with her friend and thinks they would benefit from a board of directors to help them make major business decisions. Why is incorporation an attractive form of business organization for many new companies? a.Because of the tax advantages that it confers b.Because it is less burd