Leslie Lum's Introduction to Business: Readings and Workbook: "Module 2: Entrepreneurship and Legal Forms of Business"

Go to pages 171 and 172 for the "Team Assignment: Forms of Business". Try to complete this exercise, though note that as you are working individually, you only have to choose one scenario to consider what would happen if it was a different form of business: sole proprietorship, partnership, or corporation. Of course, you may alternatively consider all of six scenarios provided, though this is not required.