Business Entities

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  1. 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

 

    • 7 years ago
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