| A | B |
|---|
| C-Corporation | It protects the entrepreneur from being personally sued |
| Corporation | Legally operates apart from its owners |
| Franchise | Gives an individual the right to market a company's products in a particular area |
| General Partnership | All partners have unlimited personal liability |
| Joint Venture | Two companies join |
| Limited Partnership | Partners' liability is limited to their investment |
| Nonprofit Corporation | Legal entities that make money for reasons other than the owner's profit |
| Partnership | Two or more people share assets, liabilities, and profits |
| Sole Proprietorship | Owned and operated by one person |
| Subchapter S Corporation | Corporation that is taxed as a sole proprietorship or partnership |
