Determine that advantages and disadvantages of a sole
proprietorship.
What is a general partnership; a limited partnership? What are
the Common Terms that are included in a partnership agreement. Is a
partnership an entity in Pennsylvania? Can a partnership in
Pennsylvania purchase real estate? What is the Uniform Partnership
Act?
Explain an LLC and its advantages/disadvantages.
What are the classifications of corporations? Explain them.
What, if any, are the differences between an S (Sub-Chapter S)
Corporation and a C (Sub-chapter C) corporation (External research
may be required)?
Explain Piercing the Corporate Veil.