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One of your clients was to form a new business. He spoke to his lawyer and was advised to check with CPA to determine the business form of organization. He gave you the following lists:

Sole Partnership
General Partnership
Limited Partnerhip
Limited Liability Partnership
Corporation

Select one of the following and write a memo containing the following information:
a. Describe the form and nature of operation of business
b. Advantages and disadvantages
c. Disadvantages

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403288

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