General partnership and limited liability partnership

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Reference no: EM131149384

You are a recent Warner MBA graduate and want to start your own business. You have limited resources and need to call upon two or three of your rich student friends (is there such a friend?) to help you get the business started. You are considering a sole proprietorship or a general partnership or a limited liability partnership or a corporation. What are the advantages and disadvantages of each? Finally, which one to you finally pick, and why?

Reference no: EM131149384

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