Concordia College Partnership Business Entity Comparative Essay
Question Description
Using the information from this weeks readings explain the legal and financial characteristics of each of the five main form of business entities described. Discuss the implications of applicable laws and regulations, for each type of business entity, on how the business is organized, governed, and operated. For each type of business entity, explain the following characteristics
- Formation
- Termination
- Ownership type
- Owner liability
- Taxation
- Advantages
- Disadvantages
The paper:
- Must be two to four double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.).
- Must include a separate title page with the following:
- Title of paper
- Students name
- Course name and number
- Instructors name
- Date submitted
- Must use at least two scholarly sources in addition to the course text
the Five main form of business is:
- Sole Proprietor
- Partnership
- LLC
- Corporation
- Small business corporation
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