Assume santi chooses to form an llc and soon learns

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Reference no: EM133450881

Questions: Answer the following questions by clicking on the answer cells and selecting "true" or "false."

Santi has an idea for a business. He prefers to keep ownership and control in his own hands but is worried about the personal liability that might go with forming a sole proprietorship. Santi should choose an LLC over a general partnership.

5. Assume Santi chooses to form an LLC and soon learns that his skills as an inventor are going unused because he is so busy trying to run the business. Santi would like to focus on his inventing and put someone else in charge of running the business.If Santi appoints someone else to run the business, he must make that person a co-owner.

Reference no: EM133450881

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