EASY!! Please help!! 25 points

An entrepreneur wants to start a new business. She needs a huge amount of
capital to get started but is willing to divide the profits and control over the
company among a large group of investors. Which type of business would
best suit her needs?
A. Sole proprietorship
B. Partnership
C. Limited liability company
O D. Corporation

Respuesta :

Answer:

Corporation

Explanation:

The type of business that would best suit the needs of the entrepreneur will be a corporation. Thus the correct answer is D.

What is an entrepreneur?

An entrepreneur refers to a person who willing to start his own business based on creativity and innovation by taking a high risk to achieve some profit to improve the standard of living of people and makes life easy.

An organization whose investors choose a board of administrators to handle its functioning is called a corporation. The corporation is accountable for the business's financial and operational stability.

In this instance, when an entrepreneur wants to launch a new firm. She needs a significant amount of money to begin starting but is prepared to divide the company's revenues and control among a big number of investors considered as a corporation will be best suited to her needs.

Therefore, option D Corporation is appropriate.

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