You've learned about the four main legal structures and their key differences. Now let's practice applying that knowledge to real-world tech startup scenarios.
Remember: the goal is matching the structure to your startup's specific needs, not finding a "perfect" answer.
Engagement Message
Ready to become a structure selection expert?
Type
Multiple Choice
Practice Question
Maria wants to launch a task management app as a solo developer. She'll bootstrap initially, has minimal startup costs, and wants to keep things simple while coding. Which structure makes the most sense?
A. Corporation - for maximum protection and future funding 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
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
Type
Swipe Left or Right
Practice Question
Match these tech startup situations with their key structure considerations:
Labels
- Left Label: Needs Simple Structure
- Right Label: Needs Protective Structure
Left Label Items
