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October 9, 2025

What are the advantages and disadvantages of sole proprietorships?

1. What are the advantages and disadvantages of sole proprietorships?

2. Describe the differences between general and limited partners, and compare the advantages and disadvantages of partnerships.

3. What are the three key elements of a general partnerships?

4. What are the main differences between general and limited partners?

5. What does unlimited liability mean?

6. What does limited liability mean?

7. What is a master limited partnership?

8. What are the advantages and disadvantages of partnerships?

9. What is the definition of corporation?

10. What are the advantages and disadvantages of corporations?

11. Why do people incorporate?

12. What are the advantages of S corporations?

13. What are the advantages of limited liability companies?

14. What is a merger?

15. What are leveraged buyouts, and what does it mean to take a company private?

16. What is a franchise?

17. What are the benefits and drawbacks of being a franchisee?

18. What is the role of a cooperative?

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