Formation and Liquidation of Business Entities
The formation and liquidation of business entities involve the processes of legally establishing a new business entity, setting its organizational structure, and outlining operational protocols, as well as the systematic dismantling of an entity’s operations, settling its debts, and distributing any remaining assets to the appropriate stakeholders upon its closure or cessation.
Lesson Videos
Business Structures Overview
Introduction to Business Structures
Entities Formed Without Filing
Sole Proprietorship Business Structure
Types of Partnerships
General Partnership Business Structure
Termination of a General Partnership
Joint Ventures
Limited and Limited Liability Partnerships
Limited Liability Company
C Corporation Business Structure
C Corporation Characteristics
Corporate Shareholders
Corporate Directors and Officers
Significant Changes and Termination of a Corporation
Foreign Corporations
S Corporation
Comparison Between Business Entity Types
Business Structures Summary
Business Structures - Practice Questions
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