Consider each of the following four forms of business

Assignment Help Business Law and Ethics

Reference no: EM13471595

Consider each of the following four forms of business organizations: sole proprietorship, partnership, limited liability company, and S corporation. Discuss only these four forms. When discussion partnerships, distinguish between "Limited Partnerships" and "General Partnerships" and discuss how liability and capital investment works in those two different types of partnerships. Develop a scenario for each of these for a business where it would be the appropriate form of business organization.

For each scenario, explain the type of business and what its product or service would consist of. For each type of business, explain the benefits/disadvantages of taxation on the business managers, owners, and investors; the liability for contracts entered into by the business, and torts committed by employees, the complexity of the reporting requirements, and the ability to bring in more investors or wind-down/dissolve the business.

Your paper must have for distinct sections with an appropriate heading, one for each of the four types of business organizations (sole proprietor, partnership, LLC, and S-Corp). Each of the four sections must be between 400-600 words. Your paper must include references to at least two peer-reviewed, academic journals. Each section must contain at least one in-text citation to a source in your references.

Reference no: EM13471595

Questions Cloud

The advantage of a gantt chart over other charts is : the advantage of a gantt chart over other charts is

Examine the business-level strategy of each company by : 1. analyze the existing business strategies domestic and global environments industry and internal capabilities for

Determine the three 3 most important characteristics of an : preliminary investigations do not necessarily yield enough information to prosecute a criminal case. despite a thorough

Draw a fault-tree diagram to illustrate the ways in which : using a pair of dice for a simulation device suppose that an outcome of 11 represents an industrial accident.a. draw a

Consider each of the following four forms of business : consider each of the following four forms of business organizations sole proprietorship partnership limited liability

Jordan made a wooden square box all sides of wooden box are : jordan made a wooden square box. all sides of the wooden box are 6 cm. if he wants to increase the length of all sides

Find the expected depth in centimeters of rubbish in this : on average each bin fills at a rate of 58149 cubic centimeters of rubbish per hour. if lunch is 40 minutes. what is the

What benefits would counsel provide in helping a victim to : what benefits would counsel provide in helping a victim to decide whether to take a settlement offer or pursue

Explain why have you decided to pursue your graduate : question 1 why have you decided to pursue your graduate business degree? 250 words or lessquestion 2 what other schools

User Account

All Pages