BUS670: Legal Underpinnings of Business Law
This assignment explores the foundational legal principles that govern business law.
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LEGAL UNDERPINNINGS OF BUSINESS LAW 1
Legal Underpinnings of Business Law
Tristan S. Lawrence
BUS:670
Instructor: Peter McCann
Submitted: January 20, 2013
Write a 3,000-word essay analyzing the different legal structures for starting a business,
including sole proprietorship, general partnership, limited partnership, LLC, and corporation.
Discuss the advantages and disadvantages of each structure, particularly in terms of liability and
tax implications. Use the case study of Tinker & Tailor’s Home Security Services to illustrate
how different structures impact liability exposure and business operations. Conclude by
recommending the most suitable legal structure for a nursing care facility, considering
malpractice risks and personal asset protection.
Legal Underpinnings of Business Law
Tristan S. Lawrence
BUS:670
Instructor: Peter McCann
Submitted: January 20, 2013
Write a 3,000-word essay analyzing the different legal structures for starting a business,
including sole proprietorship, general partnership, limited partnership, LLC, and corporation.
Discuss the advantages and disadvantages of each structure, particularly in terms of liability and
tax implications. Use the case study of Tinker & Tailor’s Home Security Services to illustrate
how different structures impact liability exposure and business operations. Conclude by
recommending the most suitable legal structure for a nursing care facility, considering
malpractice risks and personal asset protection.
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Document Details
University
Ashford University
Subject
Business Law