What form of partnership arrangement can use to limit

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Problem 1: Yolinda and Wes decide to go into business together. What form of partnership arrangement can they use to limit their individual and joint liability?

Option 1: Limited liability company.

Option 2: Either a limited liability partnership or a limited liability company.

Option 3: Limited sole proprietorship.

Option 4: Limited liability partnership.

Problem 2: Which of the following occupations is most likely to be paid a salary for their job?

Option 1: Wedding singer.

Option 2: Lifeguard.

Option 3: Historian.

Option 4: Janitor.

Reference no: EM132822649

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