If you were to have ownership of a corporation, which type of corporation would you want to be an owner of?
a. Sole Proprietorship
b. Partnership
c. Limited Liability Partnership
d. Limited Liability Company
e. Running Corporation
f. Corporation (S Corp. or C Corp.)
State both the pros and cons of entering that specific type of corporation.

For example,
I would want to be a part of a Limited Liability Corporation because there is limited risk among owners. I would have complete control along with other owners over the corporation. The taxes on the corporation are not as complex as a C corp. and owners would be able to complete all the profit. However, an LLP is not recognized in all states. If one of the partners in this partnership dies then the whole corporation dies also.