In your own works, please explain the primary types of business entities


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In your own works, please explain the primary types of business entities


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In your own works, please explain the primary types of business entities. Be sure to include the principal characteristics and ownership characteristics of each business entity. What are the pro and cons of each type of entity?

Why do different types of business entities allow for unique ownership structures? Do you believe ownership structure an important factor for business owners when selecting a business entity?