Deciding on what legal form your business will take is an important one. As you saw in the Learning Activity, there are many reasons for choosing or not choosing a particular type of business entity.

Topic: Legal Forms of Business

Select two legal forms of organization and identify examples of each type within your own community or the surrounding area. Describe each business and comment on why you feel each business' legal form is appropriate.

Answer rating: 100% (QA)

Legal Forms of Business Sole Proprietorship and Limited Liability Company LLC 1 Sole Proprietorship ... View the full answer