Which of the following can be affected by the type of legal structure your company has?

A) the authorities you need to notify,taxes,record-keeping,and decision processes
B) taxes and ability to sue the company
C) taxes and marketability of your company
D) taxes only

Legal Structure

The organizational framework within which a business operates, determining its legal obligations, tax liabilities, and governance.

Record-keeping

The practice of maintaining and preserving documents, files, and information for future reference or compliance purposes.

Decision Processes

The mental and logical steps taken by individuals or organizations in making choices among various alternatives.