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Describe the different types of business entities

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Reference no: EM132308977

Question: Review the different types of business entities listed below:

• Partnership

• Limited Liability Partnership

• Limited Liability Company (including single member LLC)

• S Corporation

• Franchise

• Corporation

Provide a practical example of each entity; for example,

• Franchise: Individual owner of a McDonald's restaurant.

Reference no: EM132308977

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