What are the three legal forms of business organization


Problem

What are the three legal forms of business organization? Identify two advantages and two disadvantages of each form.

Explain the primary differences between investor-owned and not-for-profit corporations. What is the primary goal of investor-owned corporations? What is the primary goal of most not-for-profit healthcare corporations? Are substantial differences found between the finance goals of investor-owned and not-for-profit corporations? Explain your answer.

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