Business Formation Exercise
Business Law II
Business Name (5 points)
Name that has not been selected (5 points) ____________
Formation Documents (25 points)
Clarity (8 points) ____________
Neatness – no typos or bad margins (7 points) ____________
Completeness – necessary items to form business (10 points) ____________
Report (75 points)
Explains type of business (15 points) ____________
Neatness – no typos or bad margins (10 points) ____________
Eliminate or Select Form (50 points)
Partnership (10 points) ____________
Corporation (10 points) ____________
Limited Liability Company (10 points) ____________
Limited Partnership (10 points) ____________
Professional Corporation (10 points) ____________
Total (100 points) (Yes, I know the points involved add up to more
than 100 points – you may score over 100) ____________
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