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Using the information from this weeks readings explain the legal and financial characteristics of each of the five main form of business entities described. Discuss

Using the information from this weeks readings explain the legal and financial characteristics of each of the five main form of business entities described. Discuss the implications of applicable laws and regulations, for each type of business entity, on how the business is organized, governed, and operated. For each type of business entity, explain the following characteristics Formation Termination Ownership type Owner liability Taxation Advantages Disadvantages

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