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11.7: Discussion Questions

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    62826

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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?

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