Week 1 Discussion 2 Limited Liability Companies

When to form an LLC (Limited Liability Company) discusses why the LLC is one of the most popular types of business entity.  After reading the article and Chapter 30 of the textbook, compare an LLC with a C corporation and with an S corporation.  If you were operating your own business, would you choose the LLC as the organizational form for your business?  Explain your reasoning. 

References

Taulli, T. (2016, July 24) When to form an LLC (Limited liability company). Forbes. Retrieved from  http://www.forbes.com/sites/tomtaulli/2016/07/24/when-to-form-an-llc-limited-liability-company/#289ac1051307

Business Law for Managers

Find Laws, Legal Information, and Attorneys - FindLaw. (n.d.). Find Laws, Legal Information, and Attorneys -             FindLaw. Retrieved October 19, 2012, from http://findlaw.com