Select a business that you are familiar with or that you find by conducting a search of the internet.

Identify its business structure. In other words, is it a corporation, an LLC$,$ a partnership, a sole proprietorship, or some other type of entity? If a corporation, what can be said about the type of corporation that it is$?$

Explain the advantages and disadvantages of that designation for the business.

Provide examples of the advantages and disadvantages.