Manchester Community College Week 7 Fundamentals of Business Law Questions


Quiz: Chapter 16 Quiz-Business Organizations: Paraschos Stavrinos (


Please review the material in Chapter 16 of the textbook as well as in the Learning Module. Then answer the following questions. Correct answers are those based on the textbook:

  • If you were deciding to start a business, what factors would you consider in determining what your business entity should be?
  • What professionals should you consult before you make a decision as to what entity will best meet your needs in your new business?
  • What are the advantages and disadvantages of doing business as a sole proprietor?
  • What other forms of doing business are there?
  • What are the rights and duties of general partners?
  • What is the difference between a limited partnership and an LLP?
  • How can a partnership be dissolved?
  • What is the difference between a partnership and a joint venture?
  • How many people does it take to form an LLC?
  • Why do so many corporations incorporate in the state of Delaware?

Extra Credit: What is the most common form of business organization in the United States?

Order your essay today and save 15% with the discount code: VACCINE

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
Top Academic Writers Ready to Help
with Your Research Proposal