Stan wants to invest in real property. Rather than be a sole owner, Stan would prefer to pool his resources with other people to own and develop a small office building. He would prefer not to take part in the day-to-day responsibilities of the organization. What type of business venture would best fit his goals?

Question

01-07-2021
Business

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Stan wants to invest in real property. Rather than be a sole owner, Stan would prefer to pool his resources with other people to own and develop a small office building. He would prefer not to take part in the day-to-day responsibilities of the organization. What type of business venture would best fit his goals?

Sagot :

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andromache andromache · Answer 1 · 2021-07-02T21:49:42-04:00

Answer:

limited partnership real estate investment syndicate

Explanation:

Since in the given situation it is mentioned that stan wants to invest in the real property instead be a sole owner. So he pool his resources in order to create the office building with the other people also at the same time he is not interested to take part in day to day responsibilities

So here it is a limited partnership business venture as he is engaging with other people not alone to create the office buidling

Sagot :

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