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

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