What you’ll learn to do: discuss the advantages and disadvantages of corporations

Although not the most common form of business ownership, corporations account for the majority of the revenue from business in the U.S. In this section you’ll learn about C and S corporations and, a newcomer to the corporate scene, the benefit corporation.

The specific things you’ll learn in this section include:

• Summarize the differences between C and S corporations
• Explain the purpose and requirements of a benefit corporation (B corp)
• Discuss the advantages and disadvantages of corporations