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Why Would Someone Choose an S-Corporation? Discuss Who Can,how It

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Essay

Why would someone choose an S-corporation? Discuss who can,how it is done,how it is different from or similar to other types of corporations,and its advantages and disadvantages.


Definitions:

Associations

The company one keeps, as in family, friends, and other role models who help shape one’s life; important determinants of individual character.

Self-Concept

An individual's understanding of who they are based on their beliefs, characteristics, and values.

Heteronomy

The condition of being influenced, controlled, or governed by external forces or other people, as opposed to autonomy.

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