Short response for #5-8

ther to form a general What are the 5. A company is beirn partnership, a limited liability partnership, or a limited liability company advantages and disadvantages of each of these legal forms? 6. What is an articles of partnership agreement, and what information should this document contain/ 7. What valuation should be recorded for noncash assets transferred to a partnership by one of the partners? 8. If a partner is contributing attributes to a partnership such as an established clientele or a particular expertise, what two methods can be used to record the contribution? Describe each method