1) What are the key differences between a sole proprietorship and a limited liability company (LLC) in terms of liability, tax treatment, and ease of formation?

2) If the iHiker partners convert their business from a general partnership to an LLC, what benefits and drawbacks might they experience regarding control and personal liability?

3)Why might a business choose to be treated as a Subchapter S Corporation rather than a regular corporation or LLC?

This assignment will be submitted to Turnitin™.
Please refrain from using AI. Thank you.

NEED ASSIGNMENT HELP?

We guarantee plagiarism-free and AI-free writing services. Every assignment is crafted with originality, precision, and care to meet your academic needs.

Ready to get started? Place your order directly on this post!

Let us help you achieve excellence—authentic work, every time.