- What are the four forms of business entities/organizations? Compare the characteristics of each business entity in terms of the following:
- Define the form of business entity
- Formation of the business entity
- Whether it is a Separate legal entity / not a separate legal entity
- Advantages and disadvantages of the business entity
- Ownership of the business entity
- Management of the business entity
- Liability of the business entity
- Dissolution and Continuation of the business entity
- Give detailed information on a real life example for each form of business organizations.
