The creation of a corporation is usually more formal and technical than the creation of other forms of business organizations, and the operation of a corporation is usually more complex and regulated than other forms of business organizations. Are all of the formalities, technicalities, and regulations worth the benefits that a corporation can provide? Does it depend on the circumstances or the kind of business involved? If the usefulness of a corporation depends on circumstances or the kind of business involved, what circumstances would justify using a corporation to operate a business? What kind of business would justify a corporation?
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