WorksheetsModule 2 Activity 1: What’s Right for You?
Total questions: 5
Worksheet time: 5mins
Name
Class
Date
1.
A sole proprietorship is the best fit for Nurse Anna, who wants to run a small caregiving agency alone and part-time.
a)
True
b)
False
2.
A partnership automatically protects the personal assets of the owners from business liabilities.
a)
True
b)
False
3.
FutureCare PH, which wants to expand to three cities and attract investors, would benefit most from forming a corporation.
a)
True
b)
False
4.
An LLC offers liability protection while being less complex than a corporation, making it a good fit for HealthyHome Services.
a)
True
b)
False
5.
Mark and Jen, as co-owners planning to hire staff, are better protected with an LLC than with a simple partnership.
a)
True
b)
False
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