Lydia and Paulo agree to become equal owners in a pizza delivery business. Lydia will manage the

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Lydia and Paulo agree to become equal owners in a pizza delivery business. Lydia will manage the delivery side of the business, and Paulo will be in charge of kitchen operations. They will borrow most of the money they need to get the business started. Considering only the nontax factors associated with the business, what business entity(ies) would be appropriate for the new business? Discuss the positive and negative factors of each business entity that would be appropriate.

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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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