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Determine that advantages and disadvantages of a sole proprietorship.

Determine that advantages and disadvantages of a soleproprietorship.What is a general partnership; a limited partnership? What arethe Common Terms that are included in a partnership agreement. Is apartnership an entity in Pennsylvania? Can a partnership inPennsylvania purchase real estate? What is the Uniform PartnershipAct?Explain an LLC and its advantages/disadvantages.What are the classifications of corporations? Explain them.What, if any, are the differences between an S (Sub-Chapter S)Corporation and a C (Sub-chapter C) corporation (External researchmay be required)?Explain Piercing the Corporate Veil.

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