Posted: September 4th, 2015
concept of corporation formation
Learning objective: Distinguish the concepts of corporate formation and basic rules of taxation.
Please response:
Jennifer and Jamie are starting a business and have asked you for advice about whether they should form a partnership, a corporation, or some other type of entity. Prepare a list of questions you would ask in helping them decide which type of entity they should choose and explain your reasons for asking each of the questions. DISCUSS some of the advantages and disadvantages of each type of entity.
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