Distribution of profits and losses


Assignment:

Question 1. Describe how each of the following differ with respect to the three common forms of business ownership, (Sole Proprietorship, Partnership, and Incorporation):

  • Decision making
  • Raising money for start-up
  • Distribution of profits (or losses)
  • Taxation

Do not simply copy information out of your text as you complete this assignment. The Internet offers an abundance of additional information on this topic. Document any additional sources you use.

Write your answer in 250 words.

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Business Management: Distribution of profits and losses
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