Question 1:
What business concept would be appropriate for a sole proprietorship, a corporation, and a limited liability company, respectively? If you were opening your dream business, what structure would you select? Why?
Question 2:
What is a duty that managers owe to the corporation? Discuss an example of how a manager may uphold that duty in a positive way. Provide an example of an act or omission that depicts a manager violating the duty.
