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May 20, 2024

Respond to the following in a minimum of 150 words, no quotes and no references.

General Question

Respond to the following in a minimum of 150 words, no quotes and no references.

Differentiate among the major forms of business organization and describe what you consider to be the top 2 advantages and disadvantages of each form. Address the regulatory and financial statement differences of each form of business.

The major forms of business organization are Sole proprietorship, General partnership, limited partnership, corporation, S corporation, and limited liability company.

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