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Give an example of a type of business venture

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Reference no: EM132238855 , Length: word count : 1000

Assignment

Review the different types of business entities listed below:

Sole Proprietorship

Partnership (sometimes called a "general partnership")

Limited Partnership

Limited Liability Company

S Corporation

C Corporation

Discuss each under a separate heading. For each type of entity, discuss the following:

Who is/are considered the "owner(s)" of the entity

What is the liability exposure for tort and contract for the owners; specifically discuss to what extent individual owners can be personally liable for debts/contracts/torts of the company and its employees

How is/are the entity/owners taxed

Give an example of a type of business venture that would be most appropriate for that type of entity?

Your paper must be between 1,000 words, not including the title page and reference.

Your paper must be in APA format

Your paper must have a minimum of five sources in the references

Reference no: EM132238855

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