Author Question: Small businesses often have an advantage in foreign markets, where customers want to deal directly ... (Read 135 times)

cookcarl · **on:** Jul 14, 2018

Small businesses often have an advantage in foreign markets, where customers want to deal directly with a company's top management.

Indicate whether the statement is true or false

Question 2

Mike Nettles approached Nathan Lang about becoming a partner in a firm that destroys environmental waste. While Mike would like to become a partner in the firm, he is concerned about his liability because he has recently inherited a lot of money. In this situation, Mike should become a
A) general partner with a majority ownership interest in the business.
B) general partner with a minority ownership interest in the business.
C) limited partner.
D) joint venturist.
E) sole proprietor.