Posted: January 1st, 2023
If you were asked to recommend a legal business structure for someone’s business
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If you were asked to recommend a legal business structure for someone’s business, do you feel equipped with the knowledge to provide sound advice? The person asking you would want to know the benefits and drawbacks of each structure and be able to determine which one fits the need. They also would want to understand any legal considerations involved and the steps it would take to create the structure.
For this Assignment, you will have a chance to provide that recommendation by assuming the role of a junior legal research team member at XYZ Corporation. The Company has been asked to review several business scenarios for clients regarding possible business structures. You have been given the task of gathering some introductory information on the topic, as well as producing a report that reviews the clients’ options for legal structures for their new companies.
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