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Business Formation Article Review

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Issue:

Business

 

Written by:

Laura S

 

Date added:

May 13, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

2 / 382

 

Was viewed:

9142 times

 

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Essay content:

A sole proprietorship is an entity where one person owns the business, having all profits for his or herself but has sole responsibility for losses and legal and tax issues. A partnership is the structure involving two or more people owning the business, sharing the responsibilities and profits, but having a greater chance of failure due to disputes among the owners...
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A partnership is the structure involving two or more people owning the business, sharing the responsibilities and profits, but having a greater chance of failure due to disputes among the owners. A corporation is when the entity is owned by a group of owners or stockholders who are unaffected by profits or losses and enjoy tax advantages, but lose autonomy and don't have much say in decisions...
displayed 300 characters

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