Explore the business structure of sole proprietorship

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Reference no: EM13710924

Explore the Business Structure of sole proprietorship

Problem1- What are the advantages and disadvantages of a sole proprietorship?

Problem 2- What is the difference between a general partnership and a limited partnership?

Part 1- Which of these two business structures would you choose for the new business you are starting with four partners?

Part 2- Why did you choose this type of partnership?

Problem 3- What is a C corporation?

Problem 4- What is an S corporation?

Problem 5- Which type of corporation (C or S) would you choose for the new business you are starting with twenty associates?

Part 1- Why did you choose this type of corporation for your new business structure?

I need help to explain sole proprietorship, general and limited partnerships, C Corporations, and S Corporations.

Reference no: EM13710924

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