Question

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For a nation or union of nations other than the U.S.: Identify the available alternative forms of business organization that are most similar to the U.S. corporation, LLC (limited liability company) & LLP (limited liability partnership).

Provide hyperlinks to references relied on.

Answer 1

Answer:

1.Nowadays, Limited Liability Company and Limited Liability Partnership are the most mainstream types of business associations for both single countries and also Union of Nations like European Union, ASEAN, and so on.

2. Restricted organization and Sole exchange (Private Entrepreurshp) are the most widely recognized in Europe, South East Asian countries like Indonesia, Malaysia, Singapore, Thailand, and so on.

3.Though, in China and Japan, generally joint Venture and Government claimed enterprises/Businesses were dependably in patterns.

4.In Middle East nations, the most widely recognized shape is Limited Liability Company. Likewise, numerous organizations are Multi-National Companies having workplaces/branches in these nations and also Partnership businesses.v