Michael Gorgas and Walid Jassim consider themselves to be experts on hunting in the mountains in North Carolina. As a result, the two men established a company that markets hunting expeditions. Gorgas and Jassim share responsibilities for booking the trips, gathering supplies, and guiding groups of five to seven hunters into locations where they can hunt for deer and bear. Since the two will share any profit equally, this would be an example of a(n): S corporation O cooperative O sole proprietorship O partnership O double proprietorship Simply Shitake seemed like a great idea. Chef Leo Nyami and Ayana Rice decided to take advantage of the popularity of shitake mushrooms and create some shitake mushrooms products that could be sold to restaurant patrons and other gourmets through their new company. Nyami and Rice have recently abandoned their business because they could not pay its outstanding business debts. Since Nyami and Rice are both liable for the debts, their business was a(n): O general partnership O private corporation O limited partnership open corporation O quasi corporation Which of the following describes a disadvantage associated with a corporation? double taxation O cost of formation O government regulations O complexity of formation O all of the above