Section 1 - Instruction

You've learned about the four main legal structures and their key differences. Now let's practice applying that knowledge to real-world scenarios.

Remember: the goal is matching the structure to the business's specific needs, not finding a "perfect" answer.

Engagement Message

Ready to become a structure selection expert?

Section 2 - Practice

Type

Multiple Choice

Practice Question

Maria wants to start a dog walking service in her neighborhood. She'll work alone, has minimal startup costs, and wants to keep things simple. Which structure makes the most sense?

A. Corporation - for maximum protection and growth potential B. LLC - for liability protection with moderate complexity C. Partnership - for shared responsibility and resources D. Sole Proprietorship - for simplicity and low cost

Suggested Answers

  • A
  • B
  • C
  • D - Correct
Section 3 - Practice

Type

Fill In The Blanks

Markdown With Blanks

Fill in the blanks for this structure comparison:

[[blank:Sole Proprietorship]] offers the most simplicity but the least protection, while [[blank:Corporation]] offers the most protection but the highest complexity.

Suggested Answers

  • Sole Proprietorship
  • Corporation
  • Partnership
  • LLC
Section 4 - Practice

Type

Swipe Left or Right

Practice Question

Match these business situations with their key structure considerations:

Labels

  • Left Label: Needs Simple Structure
  • Right Label: Needs Protective Structure

Left Label Items

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