Question

In: Economics

Can you explain the advantages/disadvantages of legal forms (proprietorship, partnership, limited liability company and corporation)?

Can you explain the advantages/disadvantages of legal forms (proprietorship, partnership, limited liability company and corporation)?

Solutions

Expert Solution


Related Solutions

-What are the advantages and disadvantages of different legal forms of business organization?  Could the limited liability...
-What are the advantages and disadvantages of different legal forms of business organization?  Could the limited liability advantage of a corporation also lead to an agency problem? Why? What legal form of business would a start-up entrepreneur most likely prefer?
Explain the following terms. Proprietorship, partnership, corporation, charter, and bylaws Limited Partnership, limited liability partnership, and...
Explain the following terms. Proprietorship, partnership, corporation, charter, and bylaws Limited Partnership, limited liability partnership, and professional corporation Stockholder wealth maximize market, and capital market maximization Money market, capital market, primary market, and secondary market Private market, public market, and derivatives Investment bank: financial services corporation, and financial intermediary Mutual fund, and money market fund Physical location exchange, computer/telephone network Open outcry auction and dealer market automated trading platform Production opportunities and time preferences for consumption Foreign trade deficit
List the advantages and disadvantages of a sole proprietorship, partnership and corporation.
List the advantages and disadvantages of a sole proprietorship, partnership and corporation.
What are the different forms Public Company, Private Company, Partnership/Limited Liability Partnership (LLP), and Proprietorship/One Person...
What are the different forms Public Company, Private Company, Partnership/Limited Liability Partnership (LLP), and Proprietorship/One Person Company (OPC) of Profit-making Business Organizations? Explain them with the suitable examples.
What is the difference between a sole proprietorship, general partnership, limited partnership, corporation, and limited liability...
What is the difference between a sole proprietorship, general partnership, limited partnership, corporation, and limited liability company?
Explain how an S-Corporation and a limited liability company and a limited liability company can be...
Explain how an S-Corporation and a limited liability company and a limited liability company can be formed? What are their restrictions and characteristics?
Define the following types of business ownership. Sole Proprietorship Partnership Corporation Limited Liability Company For each...
Define the following types of business ownership. Sole Proprietorship Partnership Corporation Limited Liability Company For each type of ownership listed in #1 above, list the pros (advantages) and cons (disadvantages). Be sure to pay close attention to owner liability and tax treatment for each type of business ownership.
The three main forms of legal business structures are; a sole proprietorship, a partnership, and a...
The three main forms of legal business structures are; a sole proprietorship, a partnership, and a corporation. Discuss the advantages and disadvantages of each form. no plagiarism and also 200 words and no images thanks
The three main forms of legal business structures are; a sole proprietorship, a partnership, and a...
The three main forms of legal business structures are; a sole proprietorship, a partnership, and a corporation. Discuss the advantages and disadvantages of each form.
What are the differences between a/an Limited liability partnership Limited liability corporation S corporation?
What are the differences between a/an Limited liability partnership Limited liability corporation S corporation?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT