business ownership

.docx

School

Community College of Denver *

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Course

235

Subject

Law

Date

Feb 20, 2024

Type

docx

Pages

Uploaded by JAsminC145

1. What does it mean that a company is a sole proprietor? 2. What is a publicly traded company? 3. List at least (3) advantages of a Sole Proprietorship. 4. List (3) disadvantages of Sole proprietorship. 5. List at least (3) advantages of a Limited Liability Corp. 6. List (3) disadvantages of Limited Liability Companies. 7. If you were to start your own business, what type of business would you start? Which business structure would you select; sole proprietorship, Limited Liability Company (LLC), partnership, corporation, non-profit, or other form of business legal structure (This response should be a minimum of one paragraph)?

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