Using the concepts and rules from Chapter 20 (business organizations), write a paper that identifies the important characteristics of the four main business organizational forms, and compares their advantages and disadvantages and the extent of potential liability that the owner is exposed to in each organizational form.

Compose the homework assignment in accordance with APA standards and cite a minimum of three scholarly peer reviewed sources (in addition to your textbook and the Bible) as references (word count range 1000-1200 words).