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Purpose of Assignment

There are many legal entities and each has its advantages and disadvantages. This assignment will help you understand those and the characteristics of each business entity.

Assignment Steps

Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, 16 and 17; Week 2 electronic Reserve Readings;

Fill out the attached business entity worksheet completely

SupportingMaterial:Business Forms and Governance Grading Guide : Legal Environment of Business, Ch. 14: Small Business, General Partnerships, and Limited PartnershipsLegal Environment of Business, Ch. 15: Limited Liability Companies, Limited Liability Partnerships, and Special Forms of BusinessLegal Environment of Business, Ch. 16:

Corporations and Corporate GovernanceLegal Environment of Business, Business Entity Chart

Materials

Business Forms and Governance Grading Guide

Legal Environment of Business, Ch. 14: Small Business, General Partnerships, and Limited Partnerships

Legal Environment of Business, Ch. 15: Limited Liability Companies, Limited Liability Partnerships, and Special Forms of Business

Legal Environment of Business, Ch. 16: Corporations and Corporate Governance

Legal Environment of Business, Ch. 17: Investor Protection and E-Securities Transactions

Business Entity Chart

Individual Assignment: Business Forms and Governance

Purpose of Assignment

The legal form an entity or individual takes is a decision that must be considered from a risk and liability perspective, not simply one of ease of formation or its cost. Form can impact the entities ability to grow and, in some circumstances, its ability to survive.

As you consider this reality and approach this assignment, consider not only the form the business takes but also the way that it will be governed.

Remember that the law requires that business leaders conduct their business ethically and within the boundaries of the law.

Resources Required

Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 14, 15, 16 and 17

Legal Source database located in the University Library

Two articles located in Week 2 Electronic Reserve Readings

Attachment:- business-entity-chart.rar

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