Business Entities

Business Entities

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The entities that are discussed in this lesson are: 

  1. Sole proprietorship
  2. Partnerships
  3. Corporations
  4. Qualifying Joint Venture 

After completing this course, the student will: 

  1. Understand who qualifies to be a sole proprietor
  2. Recall the different types of partnerships
  3. Know the basic requirements of a C Corporation
  4. Identify when an S Corporation benefits the taxpayer
  5. State the differences between a Limited Liability Company (LLC) and a partnership