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Parker is interested in starting a business. She wants to select the structure with the most freedom from government regulation. Which form of business ownership should Parker pursue?Multiple Choicesole proprietorshiplimited liability companyC corporationS corporation

Question

Parker is interested in starting a business. She wants to select the structure with the most freedom from government regulation. Which form of business ownership should Parker pursue?Multiple Choicesole proprietorshiplimited liability companyC corporationS corporation

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Solution

Parker should pursue sole proprietorship. This form of business ownership has the most freedom from government regulation. It is the simplest form of business structure and is not subject to much government regulation. In a sole proprietorship, the business is owned and controlled by one person who is responsible for all of its debts.

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