Forms of Business Entities

Anonymous
timer Asked: Mar 29th, 2019
account_balance_wallet $10

Question Description

Part 1

3 post at 100-150 words each

If you were creating a business, which form of business entity would be most appealing to you and why

Imagine that you created a S or C Corp, what does it mean to be on the board of a Corporation? What do directors and officers of a Corp do and what type of liability do they have?

Part 2

3 post at 100-150 words each

Imagine that a friend tells you about their idea to start a sports therapy clinic which they plan to operate as a sole proprietorship.

What benefits and risks would you advise your friend to be aware of?

Part 3

2 post at 100-150 words each

Provide citation and reference to the material(s) you discuss. Describe what you found interesting regarding this topic, and why.

Describe how you will apply that learning in your daily life, including your work life.

Describe what may be unclear to you, and what you would like to learn.

Tutor Answer

Professor_Rey
School: Rice University

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