1. What legal form of business you will prefer most? Why? Explain your answer.
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Legal Form of Business Ownership
The most common forms of legal structure are the sole proprietorship, the partnership, and the corporation. An LLC is a relatively new business structure. ... A partnership is two or more people voluntarily operating a business as co-owners for profit. There are general partnerships and limited partnerships.
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bilah:
what will you prefer between sole proprietorship and partnership?
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