Package deal
BUS 3021 Business Entity Implications for Contract Unit 4 Assignment 1 Parts 1 -4
BUS 3021 Business Entity Implications for Contract Unit 4 Assignment 1 Parts 1 -4 Capella University Business Law
[Show more]BUS 3021 Business Entity Implications for Contract Unit 4 Assignment 1 Parts 1 -4 Capella University Business Law
[Show more]Corporation 
C corporations, S corporations, B corporations, closed corporations, and nonprofit corporations are among the several types of corporations. C corporations, which are owned by shareholders, are taxed separately. Because C corporations can have an infinite number of shareholders, many la...
Preview 1 out of 4 pages
Add to cartCorporation 
C corporations, S corporations, B corporations, closed corporations, and nonprofit corporations are among the several types of corporations. C corporations, which are owned by shareholders, are taxed separately. Because C corporations can have an infinite number of shareholders, many la...
Step 2: Explain contract liability for the most common types of business entities. 
•	Sole proprietorship 
This corporation does not provide for the separation or protection of personal and professional assets, which could become a problem if your company grows and more areas of your life become l...
Preview 1 out of 3 pages
Add to cartStep 2: Explain contract liability for the most common types of business entities. 
•	Sole proprietorship 
This corporation does not provide for the separation or protection of personal and professional assets, which could become a problem if your company grows and more areas of your life become l...
Step 4: Explain the effects of the type of business entity on the ability to contract for the sale of the business. 
The Buy-Sell Agreement allows you to specify how the company will be sold, what the minimum price will be, and under what terms it will be sold. (2017, Editor) This agreement can also...
Preview 2 out of 5 pages
Add to cartStep 4: Explain the effects of the type of business entity on the ability to contract for the sale of the business. 
The Buy-Sell Agreement allows you to specify how the company will be sold, what the minimum price will be, and under what terms it will be sold. (2017, Editor) This agreement can also...
Step 3: Explain how the income of each type of business entity is taxed, specifying whether the entity, the owner, or both, are taxed. 
Business income is classified as personal income by sole proprietors, partnership owners, and S corporation owners. The income of a C company is distinct from the p...
Preview 1 out of 4 pages
Add to cartStep 3: Explain how the income of each type of business entity is taxed, specifying whether the entity, the owner, or both, are taxed. 
Business income is classified as personal income by sole proprietors, partnership owners, and S corporation owners. The income of a C company is distinct from the p...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller emmerreliford. Stuvia facilitates payment to the seller.
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now