In this assignment, articulate the advantages and disadvantages of partnerships, LPs, LLCs, and LLPs.

Assignment 5: Distinguish the different types of business entities
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Instructions
Instructions
In this assignment, articulate the advantages and disadvantages of partnerships, LPs, LLCs, and LLPs. Please be sure to include in your discussion the characteristics of each type of business entity and what makes them unique.
Thoroughly explain your answer, and be sure to focus on the assigned reading for this week when answering the questions.
For Assignment 4, a simple essay format is acceptable. Write at a university level, being thorough and scholarly at all times. Your paper should be a minimum of 2 pages, double-spaced, not including the reference page, and contain APA citations.
Grading
This assignment is worth 100 points and due on Sunday. For more specifics on how this will be graded, refer to the rubric.