Open Always
Email: Call Now! +1-315 515-4588
Open Always
Email: Call Now! +1-315 515-4588

Sample Coursework Paper on Legal Entities

This sample paper on(Sample Coursework Paper on Legal Entities) was uploaded by one our contributors and does not necessarily reflect how our professionals write our papers. If you would like this paper removed from our website, please contact us via our Contact Us Page.

A Database of over Million Scholarly Resources. Start your Search Now

Sample Coursework Paper on Legal Entities

A business entity is one formed and administered as per the commercial law so as to engage in business activities. There are few types of business entities including; partnerships, sole proprietorships, limited liability companies as well as corporations. These objects vary from localities such as countries, provinces or states (Galera, Giulia, and Carlo 2009). However, these entities are governed by almost similar rules.

            The type of entity to be chosen depends mainly on three factors: taxation, liability and record keeping. These factors will have an impact and will be dependent on the amount of taxes you will have to pay, the paperwork your business will be required to fill and the ability the business has to raise capital (Ayotte, Kenneth, and Henry, 2012). Different business entities may prefer a sole proprietorship, public limited company or partnerships depending on their taste and preference.

            I would recommend a general partnership for this kind of business. Partnerships can be of two types: a general partnership, and a limited liability company. A general partnership is brought about when a sole proprietor brings on a first partner. No paperwork is needed to complete the company since a mere handshake and smile makes the business official (McQuaid, and Ronald, 2010). It is almost similar to the limited liability company with an exemption of filings and paperwork. In a general partnership, each partner holds equal responsibility for debts, taxes and legal judgments made in the business.

            The general business is recommended and designed for small firm’s structures with more than one owner as in the case of starting a new health care services company. This entity does not require much legal assistance in its formation and structure and taxes are pass –through (all income from the business is only taxed once). In this case, the business will operate in the health sector hence a partnership will be more appropriate. However, a company in the health sector will require that the proprietors get the necessary licences from government health department so as to ascertain that they are qualified to offer health services. Other legal requirements may include operating licences, local authority clearance and a tax compliance certificate. 

            In conclusion, the general partnership is most suited for this type of activity since it requires no additional legal documentation (Kaplan, Jack, and Anthony 2009); it requires no additional filing or paperwork and is most suited for the small business of starting a new healthcare service company.
















Works Cited

Ayotte, Kenneth, and Henry Hansmann. “Legal Entities as Transferable Bundles of Contracts.” Mich. L. Rev. 111 (2012): 715.

Galera, Giulia, and Carlo Borzaga. “Social enterprise: An international overview of its conceptual evolution and legal implementation.” Social enterprise journal 5.3 (2009): 210-228.

Kaplan, Jack M., and Anthony C. Warren. Patterns of entrepreneurship management. John Wiley & Sons, 2009.

McQuaid, Ronald. “Theory of organizational partnerships: partnership advantages, disadvantages and success factors.” 2010.

Sharing is: CARING

Are you looking for homework writing help? Click on Order Now button below to Submit your assignment details.

Homework Writing Help
We Can Help you with this Assignment right now!
Sample Coursework Paper on Legal Entities

Are you looking for homework writing help on(Sample Coursework Paper on Legal Entities)?Well, you can either use the sample paper provided to write your paper or you could contact us today for an original paper. If you are looking for an assignment to submit, then click on ORDER NOW button or contact us today. Our Professional Writers will be glad to write your paper from scratch.



We ensure that assignment instructions are followed, the paper is written from scratch. If you are not satisfied by our service, you can either request for refund or unlimited revisions for your order at absolutely no extra pay. Once the writer has completed your paper, the editors check your paper for any grammar/formatting/plagiarism mistakes, then the final paper is sent to your email.

Privacy| Confidentiality

Sample Coursework Paper on Legal Entities

We do not share your personal information with any company or person. We have also ensured that the ordering process is secure; you can check the security feature in the browser. For confidentiality purposes, all papers are sent to your personal email. If you have any questions, contact us any time via email, live chat or our phone number.

Our Clients Testimonials

  • I appreciate help on the assignment. It was hard for me but am good to go now

    Impact of pollution on Environment
  • Am happy now having completed the very difficult assignment

    Creative Message Strategies
  • Your writer did a fine job on the revisions. The paper is now ok

    Ethics: Theory and Practice
  • The paper was so involving but am happy it is done. Will reach you with more assignments

    Title: Privatization in or of America
  • I expected perfection in terms of grammar and I am happy. Lecturer is always on our head but was pleased with my paper. Once again, thanks a lot

    Title: Bundaberg Inquiry
  • The paper looks perfect now, thank to the writer

    Health Care Systems
  • You helped me complete several other tasks as you handled paper. wonna thank you

    Critique Paper on Political Change

Related Articles

Sample Coursework Paper on Legal Entities

Analyze the Nursing Roles in providing Comprehensive care in a Variety of Community Health Settings

Community Settings This week’s graded topics relate to the following Course Outcomes (COs). CO3: Plan prevention and population-focused interventions for vulnerable populations using professional clinical judgment and evidence-based practice. (POs...
Read More

Case Study Assignment on Ethical Issues in Asia-Pacific business

Case study assignment on Ethical Issues in Asia-Pacific business For this assignment, students will write a case study report in 2,000 words based on a case identified with circumstance or...
Read More

Sample Report Paper on The proposed reward system and strategy for the big city university

A good reward system should motivate workers. It should also attract and retain the same workers. On the contrary, a bad reward system does not do either of these things....
Read More

Management of PCOS through Homoeopathy-A case report

Introduction PCOS is the acronym for Polycystic Ovarian Syndrome. It is the most common endocrine disorder of women in their reproductive period manifested by irregular menstrual cycles and polycystic ovaries,...
Read More

Get more from us…

Would you like this sample paper to be sent to your email or would you like to receive weekly articles on how to write your assignments? You can simply send us your request on how to write your paper and we will email you a free guide within 24-36 hours. Kindly subscribe below!

Email Address: