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| Table of Forms | |
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| Preface | |
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| Acknowledgments | |
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| Introduction | |
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| The Alternatives: A Basic Overview | |
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| Sole Proprietorship | |
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| Partnership | |
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| Corporation | |
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| Limited Liability Company | |
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| The Alternatives in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Choosing a Business Entity | |
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| Formalities | |
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| Management | |
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| Ownership Restrictions | |
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| Taxation | |
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| Liability | |
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| Choosing a Business Entity in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Application | |
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| Agency in Business Organizations | |
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| Agency | |
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| Authority of Agents | |
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| Duties of Agents and Principals | |
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| Liability of the Principal for Acts of the Agent | |
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| Agency in Business Organization in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Sole Proprietorships | |
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| Sole Proprietorship: A "One-Person Operation" | |
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| Formation | |
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| Management | |
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| Liability | |
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| Taxation Considerations | |
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| Termination | |
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| Sole Proprietorships in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Partnerships | |
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| Partnership: Association for Profit | |
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| Partnership Characteristics | |
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| Partnership Forms | |
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| Partnerships in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| General Partnership: The Traditional Partnership Form | |
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| Formation | |
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| Agency | |
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| Management | |
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| Fiduciary Duties | |
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| Liability | |
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| Partnership Property | |
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| Taxation Considerations | |
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| Termination of a Partnership | |
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| Partnership Agreement | |
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| General Partnerships in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Limited Partnership: Managers and Investors Working Together | |
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| Limited Partnership Status | |
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| Formation | |
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| Liability | |
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| Taxation Considerations | |
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| Changes in Partnership Associations | |
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| Termination of a Limited Partnership | |
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| Limited Partnership Agreement | |
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| Limited Partnerships in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Limited Liability Partnership: Managers without Liability | |
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| Liability | |
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| Formation | |
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| Taxation Considerations | |
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| Termination of a Limited Liability Partnership | |
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| Limited Liability Partnerships in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Corporations | |
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| Corporations: Ownership without Liability | |
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| Corporate Characteristics | |
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| Disadvantages of the Corporate Form | |
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| Corporate Powers | |
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| Corporate Forms | |
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| Corporations in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Formation of a Corporation | |
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| Preincorporation Considerations | |
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| Preincorporation Document Preparation | |
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| Postincorporation Procedures | |
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| Defective Incorporation Doctrines | |
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| Taxation Considerations | |
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| Further Considerations | |
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| Formation of a Corporation in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Corporate Organizational Structure | |
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| Shareholders: Corporate Owners | |
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| Shareholders' Rights | |
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| Shareholders' Liability | |
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| Directors: Corporate Policy Makers | |
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| Election of Directors | |
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| Directors' Duties | |
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| Officers: Corporate Managers | |
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| Appointment and Removal of Officers | |
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| Officers' Duties | |
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| Agency | |
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| Fiduciary Duties | |
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| Corporate Organizational Structure in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Application | |
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| Endnotes | |
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| Fundamental Changes in Corporate Structure | |
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| Standard Approval Procedure | |
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| Fundamental Changes | |
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| Fundamental Changes in Corporate Structure in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Application | |
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| Endnotes | |
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| Limited Liability Companies | |
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| LLC: Corporate Liability with Partnership Taxation | |
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| Characteristics of the Limited Liability Company | |
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| Formation | |
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| Taxation Considerations of the Limited Liability Company | |
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| Management of the Limited Liability Company | |
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| Termination of the Limited Liability Company | |
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| Limited Liability Companies in Review | |
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| Key Terms | |
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| Study Questions in Review | |
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| Case Studies in Review | |
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| Project Applications | |
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| Endnotes | |
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| Secretaries of State | |
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| Table of Jurisdictions Adopting Uniform Partnership Act and Revised Uniform Partnership Act | |
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| Model Partnership Ageement | |
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| Table of Jurisdictions Adopting Uniform Limited Partnership Act and Revised Uniform Limited Partnership Act | |
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| Sample Form Bylaws | |
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| Table of Jurisdictions Adopting Uniform Limited Liability Company Act | |
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| Sample Limited Liability Company Operating Agreement | |
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| Glossary | |
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| Index | |