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Explain the legal and financial characteristics of each of the five main form of business entities described. Discuss the implications of applicable laws and regulations,

Explain the legal and financial characteristics of each of the five main form of business entities described. Discuss the implications of applicable laws and regulations, for each type of business entity, on how the business is organized, governed, and operated. For each type of business entity, explain the following characteristics


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Business entity simply refers to the form of incorporation for a business Limited liability companies and corporations are common types of legal entities When a business incorporates the law recognize... blur-text-image

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