{"id":86,"date":"2015-04-20T18:17:36","date_gmt":"2015-04-20T18:17:36","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=part&p=86"},"modified":"2020-08-20T02:30:01","modified_gmt":"2020-08-20T02:30:01","slug":"legal-ownership","status":"publish","type":"part","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/part\/legal-ownership\/","title":{"raw":"Chapter 7: Legal Ownership","rendered":"Chapter 7: Legal Ownership"},"content":{"raw":"
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Module: Legal Ownership<\/h1>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Why It Matters: Legal Ownership<\/div>\r\n
\r\n\r\nWhy does Legal Ownership matter?\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Show What You Know<\/div>\r\n
\r\n\r\nTake this pre-test to see what you already know about the concepts in this section. The pre-test does not count toward your grade, but will help you plan where to focus your time and effort as you study. The pre-test is optional.\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\r\n\r\n\"icon\"\r\n\r\nfocus\r\n\r\n<\/div>\r\n<\/div>\r\n
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Forms of Business Ownership<\/div>\r\n
\r\n\r\nRecognize the advantages and disadvantages of the various forms of business ownership relative to a business opportunity\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Reading: Selecting a Form of Business Ownership<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Reading: Sole Proprietorship and Partnerships<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Forms of Business Ownership<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\r\n\r\n\"icon\"\r\n\r\nfocus\r\n\r\n<\/div>\r\n<\/div>\r\n
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Types of Corporations<\/div>\r\n
\r\n\r\nDifferentiate among the different types of corporations available to business owners (C, S, B)\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Reading: Corporations<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Reading: Hybrid Forms of Organization<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Types of Corporations<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\r\n\r\n\"icon\"\r\n\r\nfocus\r\n\r\n<\/div>\r\n<\/div>\r\n
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Franchising<\/div>\r\n
\r\n\r\nExplain the concept of franchising and the associated risks and benefits to the franchisor and franchisee\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n
Reading: Franchising<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Franchising<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n<\/div>\r\n
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Mergers and Acquisitions<\/div>\r\n
\r\n\r\nExplain how a business can expand market share and diversify through mergers and acquisitions\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n
Reading: Mergers and Acquisitions<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Mergers and Acquisitions<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n<\/div>\r\n
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Assistance in Starting a Business<\/div>\r\n
\r\n\r\nIdentify sources of assistance available to individuals to start a business (8 questions)\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Video: An Introduction to the SBA<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Video: Business Resources for Veterans<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Assistance in Starting a Business<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Putting It Together: Legal Ownership<\/div>\r\n
\r\n\r\nLegal Ownership\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Quiz<\/div>\r\n
\r\n\r\nYou can take this quiz twice. Your highest score will count as your grade. Don't wait until the last minute to take the quiz - take the quiz early so you'll have plenty of time to study and improve your grade on your second attempt.\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>","rendered":"
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Module: Legal Ownership<\/h1>\n<\/div>\n<\/div>\n<\/div>\n
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\"icon\"<\/div>\n
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Why It Matters: Legal Ownership<\/div>\n
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Why does Legal Ownership matter?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"icon\"<\/div>\n
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Show What You Know<\/div>\n
\n

Take this pre-test to see what you already know about the concepts in this section. The pre-test does not count toward your grade, but will help you plan where to focus your time and effort as you study. The pre-test is optional.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\n
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\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

\n
Forms of Business Ownership<\/div>\n
\n

Recognize the advantages and disadvantages of the various forms of business ownership relative to a business opportunity<\/p>\n<\/div>\n\n\n\n\n\n
Reading: Selecting a Form of Business Ownership<\/td>\n<\/td>\n<\/tr>\n
Reading: Sole Proprietorship and Partnerships<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Forms of Business Ownership<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
\n
\n
\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

\n
Types of Corporations<\/div>\n
\n

Differentiate among the different types of corporations available to business owners (C, S, B)<\/p>\n<\/div>\n\n\n\n\n\n
Reading: Corporations<\/td>\n<\/td>\n<\/tr>\n
Reading: Hybrid Forms of Organization<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Types of Corporations<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
\n
\n
\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

\n
Franchising<\/div>\n
\n

Explain the concept of franchising and the associated risks and benefits to the franchisor and franchisee<\/p>\n<\/div>\n\n\n\n\n
Reading: Franchising<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Franchising<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
\"icon\"<\/div>\n<\/div>\n
\n
Mergers and Acquisitions<\/div>\n
\n

Explain how a business can expand market share and diversify through mergers and acquisitions<\/p>\n<\/div>\n\n\n\n\n
Reading: Mergers and Acquisitions<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Mergers and Acquisitions<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
\"icon\"<\/div>\n<\/div>\n
\n
Assistance in Starting a Business<\/div>\n
\n

Identify sources of assistance available to individuals to start a business (8 questions)<\/p>\n<\/div>\n\n\n\n\n\n
Video: An Introduction to the SBA<\/td>\n<\/td>\n<\/tr>\n
Video: Business Resources for Veterans<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Assistance in Starting a Business<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
\"icon\"<\/div>\n
\n
Putting It Together: Legal Ownership<\/div>\n
\n

Legal Ownership<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"icon\"<\/div>\n
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Quiz<\/div>\n
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You can take this quiz twice. Your highest score will count as your grade. Don’t wait until the last minute to take the quiz – take the quiz early so you’ll have plenty of time to study and improve your grade on your second attempt.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"parent":0,"menu_order":70,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-86","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/86","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":1,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/86\/revisions"}],"predecessor-version":[{"id":5956,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/86\/revisions\/5956"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/media?parent=86"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/contributor?post=86"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/license?post=86"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}