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Lecture 3

COMM 103 Lecture Notes - Lecture 3: Limited Liability Partnership, Yokohama Rubber Company, Micro Instrumentation And Telemetry Systems


Department
Commerce
Course Code
COMM 103
Professor
Gregory Libitz
Lecture
3

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


 !"# $%&'
()*
+),'
-&'&
.
/
(.
*(
,&,&'
*
..,
&01
,1&
2/
Five factors inuencing type of legal structure when starting
your business
1. +'
2. 3&'.
3. &',.&
4. ',,)4
5. 54'
,&'
Business Ownership Options
Sole proprietorships$.
.41&

61 7.'
%1'
.1.,8.
1
Partnerships-&0'1.
1,,2.9.)1
&)1:
Partnership agreement- .&11&
'.
&&.
;&
joint and several liability, &'
'&
,''&9,:
'''&92:,
&1&
2<<,&'
1
3='1111
'1='&1.buy-sell
agreement, .&11&
'
'&
Limited liability partnership- 1
'&19,:
>1&,<<?,1&1
Corporation- &
'1?.
Incorporation- &'&
Board of Directors- '
&,''$)8$
'$),,1&1
&&&0''

%&0?.1.&
)7'.&
&,<<,
@8?,'
Private corporations- ..
,/6'
Public corporations-.'
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