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LAW 531 Week 1 DQ 3 1. Please discuss the key differences between limited liability company (LLC) and a subchapter S corporation 2. Please discuss the.

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Presentation on theme: "LAW 531 Week 1 DQ 3 1. Please discuss the key differences between limited liability company (LLC) and a subchapter S corporation 2. Please discuss the."— Presentation transcript:

1 LAW 531 Week 1 DQ 3 1. Please discuss the key differences between limited liability company (LLC) and a subchapter S corporation 2. Please discuss the key differences between a subchapter S corporation and a general corporation (C or G) corporation? Use the following questions to guide you in your discussion. o how are the entities formed (created)? o who are the owners of the entities? o what kind of liability exposure do the owners of the entities have? o how are the entities/owners taxed? o how are the entities dissolved according to statute? o degree of formality in operating the entities? o do the entities lend themselves to managerial control? To purchase this material click http://www.assignmentcloud.com/LAW- 531/LAW-531-Week-1-DQ-3 For more classes visit www.assignmentcloud.com


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