Write a 3 page paper discussing formation of and the advantages and disadvantages of doing business in the following forms sole proprietorship partnership corporation (C Corp and S Corp) and limited liability company Specifically discuss the tax and liability issues of each Also, indicate the form ...

The Legal Forms of Doing Businesses and the Security Law The legal forms of business units Part I Sole Proprietorship It is a form of unincorporated form of business which is created owned and run by ...

Write a 3 page paper discussing formation of and the advantages and disadvantages of doing business in

Question:

Write a 3 page paper discussing formation of and the advantages and disadvantages of doing business in the following forms: sole proprietorship; partnership; (C Corp and S Corp); and limited liability company. Specifically discuss the tax and liability issues of each. Also, indicate the form of business you would choose should you someday start your own business, including the reasons for your decision and the Christian approach to business and business relationships.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...