When to form an ( https://www.forbes.com/sites/tomtaulli/2016/07/24/when-to-form-an-llc-limited-liability-company/#289ac1051307 ) discusses why the LLC is one of the most popular types of business entity. After reading the article and Chapter 30 of the textbook, compare an LLC with a C corporation and with an S corporation. If you were operating your own business, would you choose the LLC as the organizational form for your business?

Required Resources

Text

Seaquist, G. (2012).Business law for managers.Retrieved from https://content.uagc.edu/

• Chapter 1: The Civil Law and Common Law Traditions
• Chapter 28: Sole Proprietorships and Partnerships
• Chapter 29: Limited Partnerships
• Chapter 30: Corporations
• Appendix A: The Constitution of the United States of America

Article

Taulli, T. (2016, July 24)When to form an LLC (Limited liability company)(Links to an external site.)

.Forbes.Retrieved fromhttp://www.forbes.com/sites/tomtaulli/2016/07/24/when-to-form-an-llc-limited-liability-company/#289ac1051307

Recommended Resources

Text

Seaquist, G. (2012).Business law for managers.Retrieved from https://content.uagc.edu/

• Chapter 2: Beginning a Civil Lawsuit
• Chapter 3: Completing the Civil Lawsuit and Alternative Dispute Resolution
• Appendix C: Timeline of Major Modern Legal Developments That Affect Modern Businesses

Website

FindLaw(Links to an external site.)

. (http://www.findlaw.com)