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What are the factors in deciding what form of ownership is best suited for the potential business? Briefly describe the advantages and disadvantages of a

  1. What are the factors in deciding what form of ownership is best suited for the potential business?
  2. Briefly describe the advantages and disadvantages of a sole proprietorship and partnership.
  3. Explain the corporate form of ownership and how a business is incorporated.
  4. List the differences between the S-corporation and the limited liability company.

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