Suppose you and some friends want to start a business that offers business culture training to foreign business representatives in your country. You all think the business will work but worry about being left with debts at such a young age if it fails. What form of ownership should you choose for your start-up and why?

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section: Chapter Questions
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Suppose you and some friends want to start a business that offers business culture training
to foreign business representatives in your country. You all think the business will work but worry about being left with debts at such a young age if it fails. What form of ownership should you choose for your start-up and why?

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