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13.11: Discussion Questions

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  • Page ID
    52119

    • Michael Laverty and Chris Littel et al.
    • OpenStax
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    1.

    Distinguish between for-profit and not-for-profit entities.

    2.

    What are the distinguishing characteristics of a B corporation?

    3.

    Why would an entrepreneur choose to operate an S corporation rather than a C corporation?

    4.

    What are the choices of entities for operating as a group of engineers?

    5.

    How does a joint venture differ from the other business structures?

    6.

    Distinguish between LLC and LLPs.

    7.

    Why are there more sole proprietorships than any other business entity in the US?

    8.

    What are the general guidelines used to determine where your business must pay sales taxes for sales made online?

    9.

    Identify the common types of risks that a business may face.

    This page titled 13.11: Discussion Questions is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by Michael Laverty and Chris Littel et al. (OpenStax) via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.