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Legal Underpinnings of Business Law
  
PLEASE DO NOT SUBMIT A BID FOR THIS ASSIGNMENT IF YOU DO NOT HAVE EXPERIENCE WITH GRADUATE LEVEL WRITING TERMS AND CONCEPTS. ALL DIRECTIONS MUST BE FOLLOWED AND NO PLAGIARISM. MY SCHOOL USES SOFTWARE TO DETECT COPIED MATERIAL.

Imagine that you own each of the following businesses:

 Tinker’s Home Security Service (sole proprietorship)

Tinker & Tailor’s Home Security Service (general partnership)

Tinker & Tailor’s Home Security Service (LP)

Tinker & Tailor’s Home Security Service, Inc. (corporation)

Tinker & Tailor’s Home Security Service, LLC (LLC)

The businesses are      being sued for breach of contract. Create a matrix that lists each      business, and compare and contrast your personal liability exposure as an      owner as a result of the lawsuit.
For each business      entity, analyze how you might limit your liability exposure as an owner.
Describe a business      that you may own some day or that you currently own. (Even if you never      plan to own a business, pretend as if you will do so for the purposes of      this assignment.) Examine the best business organizational form for the      business that you have described, including in your examination personal      liability exposure, management, taxation, and ease of formation.

Submit a four-page paper (not including title and reference pages). Your paper must be formatted according to APA style and you must cite at least three scholarly sources in addition to the textbook.