1. Why do you think that there are so many available types of business entities today? What was the motivation for the passage in the late 1980s and early 1990s of statutes authorizing limited liability companies?
2. Why should the amounts contributed by both general and limited partners be required to be included in the certificate of limited partnership? Isn't this too much detail?
3. When choosing the form of business organization that a business will use, what additional factors should be considered if the business will be doing substantial business with entities in other nations?