• Your friend Ahmed Al Fardan is a follower of the Blockchain concept, the worlds leading software platform for digital assets.
• Ahmed would like to launch a business aimed at using new technology to build a radically better financial system.
• He is aware that there are three main ways to organize a business: sole proprietorship, partnership and corporation.
• Recently, Ahmeds friends have been telling him to go for either a general partnership or a corporation.
• Since Ahmed does not have much knowledge about these two forms of business organization, he has asked you to advise him of the four differences between a General Partnership and a Corporation.
• To help your friend, please write your notes in the table below.
• One example has been done for you. Please note that you may NOT reuse/repeat this example in your answer.

Point of difference	General Partnership	Corporation
Example: Taxation	Personal income tax rate	Corporate income tax rate