Respond to the following question in your textbook: Chapter 9 Question C:9-2: Bob and Carol want to open a bed and breakfast inn as soon as they buy and renovate a turn-of-the-century home. What would be the major disadvantage of using a general partnership rather than a corporation for this business? Should they consider any other form for structuring their business; if so, which structure and why? Solid academic writing is expected and any sources used should be cited. Participate in follow-up discussion by responding to classmates’ posts and providing at least two advantages of using a general partnership or other entity type they did not consider.
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