An organization that is established as a separate existence for the purposes of
taxes is a:
a. business entity.
b. tax haven enterprise.
c. co-op business.
d. none of the above.
Which of the following is usually the starting ownership entity?
a. C corporation
b. Limited partnership
c. Sole proprietorship
d. Limited liability company
If you want a company name other than your surname for your sole proprietorship, what would you file with the County Clerk’s Office?
a. Articles of incorporation
b. Fictitious business name statement
c. Notice of name change statement
d. There is no need to file anything
Which of the following would be a typical sole proprietor business?
a. Small home office business
b. Family restaurant
c. Construction firm
d. All of the above