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Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
Edition 9ISBN: 978-1111530624 Exercise 23
Video Question To watch this chapter's video, Corporation or LLC: Which Is Better? go to www.cengagebrain.com.Register the access code that came with your new bookor log in to your existing account. Select the link for the "BusinessLaw Digital Video Library Online Access" or "Business LawCourseMate." Click on "Complete Video List," view Video 46, and then answer the following questions:
1 Compare the liability that Anna and Caleb would be exposed to as shareholders/owners of a corporation versus as members of a limited liability company (LLC).
2 How does the taxation of corporations differ from that of LLCs?
3 Given that Anna and Caleb conduct their business (Wizard Internet) over the Internet, can you think of any drawbacks to forming an LLC?
4 If you were in the position of Anna and Caleb, would you choose to create a corporation or an LLC? Why?
1 Compare the liability that Anna and Caleb would be exposed to as shareholders/owners of a corporation versus as members of a limited liability company (LLC).
2 How does the taxation of corporations differ from that of LLCs?
3 Given that Anna and Caleb conduct their business (Wizard Internet) over the Internet, can you think of any drawbacks to forming an LLC?
4 If you were in the position of Anna and Caleb, would you choose to create a corporation or an LLC? Why?
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Cengage Advantage Books: Fundamentals of Business Law 9th Edition by Roger LeRoy Miller
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