Darnia Delaware has been making pottery as a hobby and selling it from her home to friends for several years.She has decided to open a store to sell her work and the work of others to the public.She is
hoping that if the store is successful she could expand to a second location in a year's time.She has come to you for advice about how she should organize the business.A friend recommended to her that she become incorporated (operate as a corporation) but she laughed, "I am not going to get so big that I take-over the
world!"
Required:
Compare and contrast for Darnia the advantages and disadvantages of operating as a proprietorship versus a corporation.What would you recommend to her?
Correct Answer:
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Advantages: easy to set ...
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