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Provide a practical example of each entity

Assignment

Review the different types of business entities listed below:

• Partnership
• Limited Liability Partnership
• Limited Liability Company (including single member LLC)
• S Corporation
• Franchise
• Corporation

Provide a practical example of each entity; for example,

• Franchise: Individual owner of a McDonald's restaurant.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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