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The Legal Form and Operation of your Business

In both your Reading and in the Learning Activity you have reviewed the legal forms of business entity. Depending on how your business is set up as a legal business entity affects the financial and long term success of your business.

Describe three types of business entities, and describe at least three stakeholders for each one. What are the stakeholders’ interests in each of these business entities? Do any of these stakeholder interests conflict with each other? If so, how?

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