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Essay

Utah Business Entity Regulations

Essay specific features

 

Issue:

Business

 

Written by:

James M

 

Date added:

August 6, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 881

 

Was viewed:

464 times

 

Rating of current essay:

 
Essay content:

“Other considerations are the transferability of ownership rights, the ability to continue as a business in the event of the death or withdrawal of one or more of the owners, the capital needs of the business, and tax liabilities.” (Utah.gov) The most commonly registered business Entities in Utah are sole proprietorships, general partnerships, limited partnerships, corporations, and limited liability companies...
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The owner is responsible for all of the control, liability, and management of the business. Although the business owner gets all the profits from the business, they are personally liable for all debts incurred by the business. Because the sole proprietorship is merely an extension of its owner, it has no life apart from its owner...
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