Business rights and obligations of business owners

The form of a company will determine the amount of regulation to which it is subjected. The business rights and obligations of business owners vary also depending on the organizational form of a business.

In your current industry or an industry you aspire to be in (any HR corporate), what organizational form is ideal and why? In your post, address some defining characteristics of the form you chose, including rights and duties of the business owner. Also, address advantages and disadvantages of the form you selected.

Chapters 6, 16 & 17 in The Legal Environment of Business: A Critical Thinking Approach U.S. Supreme Court Media OYEZ. (2014).

Mcdonnel Douglas Corp v. Green oral argument. Retrieved from http://www.oyez.org/cases/1970-1979/1972/1972_72_490

Ross, S. A., Westerfield, R. W., & Jordan, B. D. (2009). Forms of business organization. In Fundamentals of corporate finance (8th ed.). Retrieved from http://highered.mcgraw-hill.com/sites/007353062x/student_view0/ebook/chapter1/chbody1/1_2_forms_of_business_organization.html

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