If a developer wants complete management control and limited liability, which of the following forms of business organizations would provide the developer with both?
A)Sole proprietorship
B)General partnership
C)General partnership in which the developer is the general partner
D)None of the above
Question 2
Geraldine Waters rented an apartment at the Bedford Arms complex for a rent of 1,000 per month. Geraldine was require to pay a 1,000 security deposit when she moved into her apartment. Geraldine's lease was to run for six months, from January 1, 2015 through June 30, 2015. On March 31, 2015, Geraldine notified the landlord that she is leaving her apartment.
A) Because the lease was less than one year, Geraldine is free to end the lease at will.
B) Because she paid a security deposit, Geraldine is free to leave the lease at any time.
C) Geraldine has breached her lease agreement.
D) Geraldine was a periodic tenant and can leave the lease with notice.