Kelly and Karla were roommates at Lynn University and graduated last May. While on a post-graduation celebration trip to Costa Rica, the two women began exploring the idea of opening a restaurant on South Beach in Miami, Florida. Neither has any previous experience in starting or operating a restaurant, but both have extensive connections in the Miami-Dade area because of the many friends they made while attending Lynn. They intend to attract health-minded, college-age students to their new restaurant, The SoBe Health Hut. Kelly and Karla agree that each will invest equally in terms of time and money. However, in addition to these equal contributions, another $100,000 is essential for the restaurant to succeed.Explain the key elements of – and the differences between -- a sole proprietorship, a general partnership, a limited liability partnership, and a corporation. (65%)What type of the above four business entities is best suited for The SoBe Health Hut and why? In your answer, explain who will manage the store and what personal liabilities will Kelly and Karla face and why? (35%)You shall be graded on your complete and proper explanations, research and language usage, all as noted below. The report must be no more than 1,000 words and is to be submitted in typed, double-spaced form. A report that does not follow this form will be deducted per the grading rubric.

Select any one of the following starter bullet point sections. Review the important themes within the sub questions of each bullet point. The sub questions are designed to get you thinking about some of the important issues. Your response should provide a succinct synthesis of the key themes in a way that articulates a clear point, position, or conclusion supported by research. Select a different bullet point section than what your classmates have already posted so that we can engage several discussions on relevant topics. If all of the bullet points have been addressed, then you may begin to re-use the bullet points with the expectation that varied responses continue.What does it mean to think critically? What are the various dimensions of critical thinking? That is, what do critical thinkers do or how do we assess the quality of critical thinking? Analyze one of the critical thinking dimensions. How does critical thinking apply to leaders? Managers? Organizations?Review the material you’ve read in course lectures and the assigned textbook selections. What is a unique and challenging critical question you would like to raise about this material? (Your question may be about something controversial, about which you have your doubts. It may suggest that a theory or a model has weaknesses, challenge the truth of proposed relationships between variables, or assess the value of a suggested practice.) Defend your perspective.South University has four specific objectives called Student Learning Outcomes (SLOs). SLOs include: Specialization expertise (content and competency), critical thinking, information literacy, and communication. Briefly define each of those objectives and assess how they might interact with or influence one other. Summarize a development plan you might use for yourself to enhance your skill for each objective. How might mastery of the objectives enhance your career path?The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.Your posting should be the equivalent of 1- to 2- single-spaced pages (500–1000 words) in lengthInclude sources in apa format