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How the business is organized, governed, and operated

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Explain the legal and financial characteristics of each of the five main form of business entities described. Discuss the implications of applicable laws and regulations, for each type of business entity, on how the business is organized, governed, and operated. For each type of business entity, explain the following characteristics

Formation
Termination
Ownership type
Owner liability
Taxation
Advantages
Disadvantages

Reference no: EM131006852

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