Identify the main advantages and disadvantages of the corporate form of business organization as compared to sole proprietorship and general partnership forms In your opinion, which is the greatest advantage and which is the greatest disadvantage ...

Advantages of the corporate form of ownership are limited liability e ...

Identify the main advantages and disadvantages of the corporate form of business organization as compared to sole

Question:

Identify the main advantages and disadvantages of the corporate form of business organization as compared to sole proprietorship and general forms. In your opinion, which is the greatest advantage and which is the greatest disadvantage?

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...