ARE 2210 UC Economics Four Legal Structures of A Business Discussion

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ARE 2210 UC Economics Four Legal Structures of A Business Discussion

Description

Based on the criteria listed below, compare each of the four legal structures (Discuss each of
the four legal structures of a business under each criterion and give real-world examples). (32 points)

Resource Acquisition

Continuity of Existence

Liability of Owners

Participation in Management

Compensation of Management

Transferability of Ownership

Record Keeping

Tax Planning

Which position is more important to an organization, line, or staff? Why? Could anorganization function with only one of these kinds of positions? Why or why not

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