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Katen [24]
3 years ago
5

Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas. The meal

s would be ordered from a menu provided by their company and prepared and delivered by Renata and Danuta. They hope to eventually have their business become international in scope. They will need to raise $100,000 to get their business running and will eventually have much greater capital needs. From the following choices, select the best form of business Renata and Danuta could adopt?
A. Nonprofit corporation
B. Limited-liability company
C. Syndicate
D. Joint venture
Business
1 answer:
Xelga [282]3 years ago
8 0

Answer:

A

Explanation:

Nonprofit corporation are corporations that do not earn profits. Revenue earned are usually used in the running of the business or for they are donated.

These type of corporations are usually tax exempt. Their activities usually range from religious, charitable or scientific activities

Renata and Danuta are running a charitable organisation that would be catering for homebound destitute

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Blockbusting

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How can professional education improve the life of people​
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the increasing cost and volatile prices of natural resources is a key driver of sustainable marketing. the increasing cost and v
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1 year ago
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Leaf Co. purchased from Oak Co. a $20,000, 8%, 5-year note that required five equal annual year-end payments of $5,009. The note
Veronika [31]

Answer:

b. $5,560

Explanation:

The computation of the total interest revenue is shown below:

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