question archive Read the situation below
Read the situation below
Subject:BusinessPrice: Bought3
Read the situation below. Which form of organization is the business likely to take sole proprietorship, partnership, or corporation? Explain why you chose that particular form over the others and why you did not choose a different form.
Joe Martin wants to rent DVD players and DVD at rest stops across the country. His idea is that customers will be able to rent equipment and DVDs at one rest stop for their children, watch them during their trip, and then return them at their destination or on the way home. Of course, this will require a substantial investment in equipment and DVDs, as well as employees and locations at each rest stop. Joe has no savings or personal assets. He wants to maintain control over the business.
