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Milestone 3 (Example)

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Student’s Name Tutor Course Title Date Business Entities There are various kinds of business entities that include sole proprietorship that is owned by one individual. The formation of a sole proprietorship is easy and less expensive. The owner of the business is the director and the business is not a legal entity that can be separated from the owner which makes the owner have complete control of the management (Kubasek np.). Moreover the sole proprietor keeps all the profit received be operated. Moreover since the business will be a partly corporation creditors will not take the assets of the business because it is a separate entity from the individual member. The profits and losses of their business will be taxed as personal income tax. Work Cited Kubasek N. K. Dynamic Business Law. New York: McGraw-Hill/Irwin(2012) Lasprogata Gail A. and Marya N. Cotten. "Contemplating" enterprise": The business and legal challenges of social entrepreneurship." American Business Law Journal 41.1 (2003): 67. [...]

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Please review the attached document and please referr to Kubasek, N. K. (2012). Dynamic business law. New York: McGraw-Hill/Irwin. and one outside source

Subject Area: Law

Document Type: Dissertation

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $20

Words 275

Pages 1

Completed in 9 days

Expert Carkim G

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