Assignment 2: Types of Legal Ownership
There are four main types of legal ownership for businesses in the United States. These are sole proprietorship, general partnership, limited liability company (LLC), and corporation. These differ from one another on a few major characteristics such as number of owners, operational requirements, and federal taxation.
Using your textbook, the Argosy University online library resources, and the Internet, research these and other major characteristics of the four types of business ownership.
Download and complete the following table on the types of business ownership structures:
- Explain in detail the characteristics of the types of business ownership structures using real-world examples to illustrate. Be sure to provide at least one example for each type.
Write a 1–2-page paper in Word format. Apply APA standards to citation of sources. Submit both your completed table and your paper for grading. Use the following file naming convention: LastnameFirstInitial_M2_A2.doc.
Order Management
Premium Service
- 100% Custom papers
- Any delivery date
- 100% Confidentiality
- 24/7 Customer support
- The finest writers & editors
- No hidden charges
- No resale promise
Format and Features
- Approx. 275 words / page
- All paper formats (APA, MLA, Harvard, Chicago/Turabian)
- Font: 12 point Arial/Times New Roman
- Double and single spacing
- FREE bibliography page
- FREE title page
0% Plagiarism
We take all due measures in order to avoid plagiarisms in papers. We have strict fines policy towards those writers who use plagiarisms and members of QAD make sure that papers are original.