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1.Theownerofthesoleproprietorshipislegallyresponsibleforthedebtsandtaxesofthebusiness... 1. The owner of the sole proprietorship is legally responsible for the debts and taxes of the business.

2. The owner the sole proprietorship may then have to pay the debts of the business from personal saving or other personal resources.

3. A partnership can last only as long as the life span of any of its partners. The death or withdrawal of one partner ends the partnership.

4. In the eyes of the law, the corporation becomes for most purpose a “person” with its own federal identification number.

5. The corporate form of business entity is unique because ownership can change through the sale of shares of stock by one individual to another without the form ending.

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1. The owner of the sole proprietorship is legally responsible for the debts and taxes of the business.
私营企业主依法对公司债务和税收负责;

2. The owner the sole proprietorship may then have to pay the debts of the business from personal saving or other personal resources.
私营企业主一旦公司处于负债可以动用个人财产或储蓄偿还公司债务

3. A partnership can last only as long as the life span of any of its partners. The death or withdrawal of one partner ends the partnership.
合资公司的寿命紧贴合伙人寿命,一旦合伙人死亡或者撤资,公司解散;

4. In the eyes of the law, the corporation becomes for most purpose a “person” with its own federal identification number.
依法来看,一个集团相当于一个人,有政府都有身份备案;

5. The corporate form of business entity is unique because ownership can change through the sale of shares of stock by one individual to another without the form ending.集团的名分是的唯一的,法人可以转移股份,只要在公司不解散的情况下
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