During this semester we spent a large portion of class discussing the various business entities. $(5$ points$)$

a$.$ Name one positive and one negative to operating a business as a C Corporation. Your answer can be in

formation, operations, distributions or liquidations. $1\mathrm{.}75pts$

b$.$ Name one positive and one negative to operating a business as a Partnership. Your answer can be in formation,

operations, distributions or liquidations. $1\mathrm{.}75pts$

c$.$ Name one positive and one negative to operating a business as an S Corporation. Your answer can be in

formation, operations, distributions or liquidations. $1\mathrm{.}75pts$