Your client has operated a sole proprietorship for several years, and is now interested in raising capital for expansion.He is considering forming either a C corporation or an LLC.
Definitions:
Altruism
The selfless concern for the well-being of others, often leading to helping behavior without expectation of personal gain.
Presence Of Other People
The influence of having one or more individuals physically present on the behavior, performance, and psychology of someone.
Victim
An individual who suffers harm or loss as a result of a crime, accident, or other event or action.
Dire Need
A situation expressing extreme urgency or pressing necessity, often relating to basic survival requirements.
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