BUS525 OregonTech Choice of Entities Forms Of Business Ownership

After reading “Handout: Choice of Entities” (attached), combine your understanding of the facts presented along with your knowledge of business entities to select the most suitable business form for the scenario. (Sole proprietor, partnership, LLC, or Corporation). Be sure to discuss the characteristics of the business formation you chose and state why those characteristics make it the best formation for the scenario. Also discuss why all or some of the characteristics of other entities make them less suitable for the situation. This assignment requires objective, critical thinking and the ability to apply the law of business entities to the facts that are presented to you. Your response should be a maximum of two pages in strict APA format.