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Put your writing into your own words; do not copy directly from the source–NO QUOTING! Be sure to incorporate scholarly/peer-reviewed sources and cite them properly in your posts.
In your post, you will need to provide the below in at least 150 words (YOU MUST CREATE YOUR OWN PARAGRAPH HEADINGS!):
Discuss the forms of business organizations and how to create/terminate them.
Discuss the factors to consider when selecting a business’s organizational form.
Explain a trend and the main reason for boards of directors and shareholders becoming more active in the operations of publicly held corporations.
Discuss any of your own experiences (or someone you know) as sole proprietors (or partners in a partnership). Feel free to discuss the advantages and disadvantages of this form of business.
Discuss the following situations in detail:
Four friends jointly own a summer cottage and use it solely for their personal enjoyment. Is this a partnership? Please explain why or why not?
What if the four friends “rent” the cottage to other people for part of the year? What happens now?
Suppose a renter dies in the cottage due to a gas leak. Would all of the owners be liable? Please explain why or why not?
Although the minimum word count is 150 words, this does NOT include the reference section at the end of your discussion. Also, points will be deducted if you meet the minimum word count but don’t clearly address the main topics as instructed. Refer to my announcement for more on this