This reflection is comprised of two sections, collectively
totaling a minimum of 800 words. Complete your reflection by responding to all
Types of Business Forms
Choosing the form of business to create is one of the most
important decisions an enterprise makes. The extent of liability and control
the owner will have depends on the form of the business.
Differentiate among the major forms of business organization
and describe what you consider to be the top 2 advantages and disadvantages of
each form. Address the regulatory and financial statement differences of each
form of business.
Federal Trade Commission
Consumer laws were established to protect purchasers of
goods and services. What purpose does the Federal Trade Commission serve and
why must business owners be educated on Federal Trade Commission practices?
Consider one of the following sections of the Federal Trade
Labeling and Packaging Laws
Regarding the section you chose, provide an example of when
a deceptive practice has been used in business and the consequence(s) for the
You must use scholarly Sources.