Problem

Interview the owners of two local small businesses. One business should be organized as a...

Interview the owners of two local small businesses. One business should be organized as a corpora­tion and the other as either a sole proprietorship or a partnership. Inquire as to:

Why this form of entity was selected.

• Have there been any unforeseen complications with this form of entity?

• Is the form of entity likely to be changed in the foreseeable future? And if so, why?

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