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Compare the Legal Structure Implications of a Sole Proprietorship and a Subchapter

Question 18

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Compare the legal structure implications of a sole proprietorship and a Subchapter S Corporation for the seven parameters of 1) ownership, 2) liability, 3) taxation issues, 4) profit distribution, 5) voting on policy, 6) life of the legal structure, and 7) capitalization.

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1) Ownership
• Sole proprietorship - the...

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