Assignment Requirements
Need a paper written in Memo form (APA). I will attach the directions, as well as sample proposal, and grading rubric
Task:
A. Write a report (suggested length of 5–7 pages) about the forms of business
organizations listed below. Your report should have a subheading for each business form
with a brief description of the business form and a brief discussion of the key
characteristics, advantages, and disadvantages of that form of organization.
1. Explain how at least six of the seven key characteristics listed in the introduction to
this task apply to each of the following organizational forms:
a. Sole proprietorship
b. General partnership
c. Limited partnership (Discuss all characteristics in terms of both the general
partners and the limited partners)
d. C-corporation
e. S-corporation
f. Limited liability company
B. Write a memorandum (suggested length of 1–2 pages) in which you analyze your
findings by doing the following:
1. Recommend a specific form of organization that should be used in the given
situation.
2. Justify why that is the best business form for this situation, considering the following
characteristics: liability, continuity, income taxes, profit retention, control, and
expansion.
Note: Please use standard memorandum format in the form of a business proposal
addressed to the company owner.
C. When you use sources, include all in-text citations and references in APA format.
Note: For definitions of terms commonly used in the rubric, see the attached Rubric Terms.
Note: When using sources to support ideas and elements in a paper or project, the
submission MUST include APA formatted in-text citations with a corresponding reference list
for any direct quotes or paraphrasing. It is not necessary to list sources that were consulted
if they have not been quoted or paraphrased in the text of the paper or project.
Note: No more than a combined total of 30% of a submission can be directly quoted or
closely paraphrased from sources, even if cited correctly. For tips on using APA style, please
refer to the APA Handout web link included in the General Instructions section.