1. What are the three legal forms of business organization? Identify two (2) advantages and two (2) disadvantages of each form. (6 points for the identification of each form of business organization (2 points each); one (1) point for each advantage identified and (1) point for each disadvantage identified; 12 points total)

2. Explain the primary differences between investor-owned and not-for-profit corporations (4 points). What is the primary goal of investor-owned corporations? (3 points) What is the primary goal of most not-for-profit healthcare corporations? (3 points) Are substantial differences found between the finance goals of investor-owned and not-for-profit corporations? Explain your answer.