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1. Advise a business manager how a sole proprietorship is created step-by-step.  Provide an example to illustrate your points.  Explain how the sole proprietorship differs from other forms of business entities.  List no less than three advantages and three disadvantages of operating as a sole proprietorship.
2. Provide advice for business managers who want to form a partnership step-by-step and decide between a general partnership and a limited partnership.  Identify the duties, rights, and liabilities of partners in a business.  Distinguish between a Limited Liability Partnership (LLP), and a Limited Liability Limited Partnership (LLLP).  List and explain the ways that a partnership can be dissolved.
3. Explain the law regarding Limited Liability Companies (LLC) for someone interested in starting a business.  What are the limited liability aspects of a corporation?  Outline the tax advantages of a partnership.

Sample Solution

Step-by-Step Guide to Creating a Sole Proprietorship

1. Choose a Business Name: Before you start your business, you need to come up with an appropriate name. You should also check with the local government for any trademark or copyright laws that may affect your chosen name. For example, if you want to create a sole proprietorship called “John’s Bakery” in Halifax County, then you would have to confirm that no other business has registered the same name in Halifax County.

2. Register Your Business: Most countries require sole proprietorships to register their business in order to obtain certain benefits such as tax deductions and limited liability protection. Additionally, it is important for sole proprietorships to keep precise financial records of their businesses operations so that they can accurately report their profits and losses at the end of each year.

3. Obtain Necessary Licenses and Permits: Depending on where you are located and what type of business activities your company will conduct, it may be necessary for you to acquire licenses or permits before beginning operations as a solo entrepreneur. In some jurisdictions this might include obtaining health department licenses or zoning permits from local authorities in order to legally operate within those areas of jurisdiction .

Sample Solution

Step-by-Step Guide to Creating a Sole Proprietorship

1. Choose a Business Name: Before you start your business, you need to come up with an appropriate name. You should also check with the local government for any trademark or copyright laws that may affect your chosen name. For example, if you want to create a sole proprietorship called “John’s Bakery” in Halifax County, then you would have to confirm that no other business has registered the same name in Halifax County.

2. Register Your Business: Most countries require sole proprietorships to register their business in order to obtain certain benefits such as tax deductions and limited liability protection. Additionally, it is important for sole proprietorships to keep precise financial records of their businesses operations so that they can accurately report their profits and losses at the end of each year.

3. Obtain Necessary Licenses and Permits: Depending on where you are located and what type of business activities your company will conduct, it may be necessary for you to acquire licenses or permits before beginning operations as a solo entrepreneur. In some jurisdictions this might include obtaining health department licenses or zoning permits from local authorities in order to legally operate within those areas of jurisdiction .

nification (Long & Evans, 1922). They both also recorded that the layers of vaginal mucosa include the stratum corneum, stratum granulosum, rete mucosum and stratum germinativum. As the cells shed off, the vaginal epithelium changed morphologically responded to the cyclic differences in vaginal cytology.

The stages of estrous cycle are identified by the absence, presence or proportion of the described basic cell types as well as the density and arrangement of the cells on the slide. Most cells seen in a normal vaginal smear are vaginal epithelial cells. In some protocols, the vaginal smears have been dry fixed and stained with metachromatic stain to clearly characterize and recognize the type of cells present in the smears.

Many publications and authors came out with different type of cells but indicating to the description of the cells, they were looking at the same cell type but with different names. In Hubscher et al. (2005) and Marcondes et al. (2002), the authors described the epithelial cells as leukocytes, nucleated cells and cornified cells. A round cell with nucleus is named as nucleated cells, an irregular shaped of cell without nucleus is named as cornified cells and leukocytes is a little round cell (Marcondes et al., 2002). Leukocytes are very small, round shape and possess multilobulated nuclei. These cells are also known as neutrophils or polymorphonuclear cells.

On the other hand, Paccola et al. (2013), described 5 types of cells in their works as small basophilic cells (SBC), large basophilic cells (LBC), nucleated acidophilic cells (NAC), enucleated acidophilic cells (EAC) and pre- acidophilic cells (PAC). Basophilic cells were represented less distinct cells from basal layer and intermediate epithelial layers. SBC are rounded shape cells with large nuclei and sparse chromatin while LBC are a polygonal shape cells, displayed condensed chromatin and smaller than SBC. Acidophilic cells are from superficial layers and more distinct. NAC are polygonal in shape and had small nuclei while EAC are keratinized cells without nucleus as they moved to the superficial layers. PAC are enucleated small cells and polygonal in shape that are partly keratinized.

On top of that, these three remarkable publications had improvised the protocols of staging and identifying of cells in vaginal smears. NAC, EAC and PAC descripted as cornified cells while on the other hand SBC and LBC descripted as nucleated cells. Paccola et al., (2013), the most recent publication had revised and improvised the type of cells specifically to characterize the stages of estrous cycle and provide insight of identification protocols.

The estrous cycle is divided into 4 stages which are termed as proestrus, estrus, metestrus, and diestrus. The cycle regularly repeats every 4 to 5 days unless interrupted by pregnancy, pseudopregnancy, or anestrus. The cycle has been described in detail elsewhere in Hubscher et al. (2005), Cora et al. (2015) and Goldman et al. (2007).

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