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HA442 : The Class : Overview : Types of Ownership : Type of ownership

Different Forms of Business Organizations

To complete this assignment successfully, you should:

  1. Read the assignment carefully
  2. Complete the activity as outlined below

There are several forms of business organization that owners can choose when starting a business. Each form of organization has its advantages and disadvantages based on the situation.

In the this assignment you will use some web pages to research the advantages and disadvantages of the various forms of business organization available to business owners.

Point your web browser to:

Read the page and click on the forms of business organization to learn more about them and answer the folowing questions.

1. Why do corporations provide the most flexible possibilities for investors?

2. What is the advantage of a limited liability partnership over a regular partnership?

3. Why would someone choose a sole proprietorship over a general partnership? What is the main disadvantage of a sole proprietorship that you do not have with a corporation?

4. Make a table highlighting the advantages and disadvantages of each form or business.

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Send E-mail to Dr. Rande or call (520) 523-1710

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