The Consulting FirmThe Software EntrepreneurThe Hotel VentureThe Purpose of This ChapterBusiness FormsComparison FactorsFormation of Sole ProprietorshipsFormation of PartnershipsFormation of CorporationsFormation of Limited PartnershipsFormation of Limited Liability CompaniesOut-of-State Operation of Sole Proprietorships and PartnershipsOut-of-State Operation of Corporations, Limited Partnerships, and Limited ...Recognition of Sole Proprietorships as Legal EntitiesRecognition of Partnerships as Legal EntitiesRecognition of Corporations and Limited Liability Companies as Legal EntitiesRecognition of Limited Partnerships as Legal EntitiesContinuity of LifeTransferability of InterestControlLiabilityTaxationChoice of EntityConclusionProblemsFor Further Reading