1. Question :
Distinguish
between the two primary types of negotiable instruments, the promissory note
and the draft.
Question 2. Question :
Do all
partnerships require a written partnership agreement? What duties and rights
belong to the individual partnership owners?
Question 3. Question :
What are the
primary forms of checks?
Question 4. Question :
What are the
fundamental distinctions of the general partnership and the limited liability partnerships?
Question 5. Question :
What are the
five primary forms of notes?
Question 6. Question :
How is the
sole proprietorship formed? What legal requirements, if any, must be met, such
as licensing, registration, etc. in order to initiate a sole proprietorship?
What are the primary advantages and disadvantages of the sole proprietorship?
Question 7. Question :
Describe the
differences between the corporate business entity and that of the partnerships
and sole proprietorship.
