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This is short answer type question. Please read each post and reply it. Let me know if you have any questions. All instrautions are attached in Pdf
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1
Business Law
I would recommend a corporation or a limited liability corporation (LLC) to my friend to protect
her soon to be opened bakery from a liability. She should structure her business in a corporation
or an LLC because they both have advantages which suit her goals. Both of them have limited
liability, meaning that when the business is sued, the personal assets of the owner will be protected.
They also have tax advantages. LLC partners are always taxed separately. Corporations can split
dividends of the business owner and other shareholders. Ownership rules are also not so strict and
it can be passed from one person to another. Their high maintenance fees and strict government
regulations are some of the disadvantages of LLCs and Corporations but the advantages clearly
override the disadvantages.
Psychology
A. I didn’t get what was going on when I first watched the video because I was confused on
what was going on. But when I rewatched the video it was easier to decipher the word...