Business Law Essay Example | Topics and Well Written Essays - 250 words - 5

Business Law - Essay Example While describing the basic forms of business ownership like sole proprietorship and partnership author used references of corporation and Limited Liability Company (LLC) that I think is inappropriate because these forms of ownerships had not been described till this point. Paper work and terms like corporations and LLC confuse the reader. We see some benefits like limited liability of corporations and LLC but the author failed to explicitly state the double taxation as a negative point of corporation. It again shows the favorable attitude of the author towards a specific type of business ownership. The author further described the structure of nonprofit organizations by just stating its two attributes. The article should be more like the one in which one describe a form of business ownership structure and then clearly state its pro’s and con’s. The article on the other hand tries to describe the structures of different types of business ownerships mostly by stating their