Answer to Question #219333 in Management for Please

Question

The bank was impressed with Peter’s application for finance and business plan. However, they 

suggested that he first register his business as a private company. Registering his company in

South Africa means that Peter will have to adhere to _______________ legal prescriptions and he 

will incur _______________ costs in the process.

1 many; minimal

2 few; minimal

3 many; considerable

4 few; considerable

Answer 1

many; minimal