Distinguish hedonistic utilitarianism, eudaimonistic utilitarianism, and ideal utilitarianism. Which type do you consider most useful? Why?Describe the various advantages and disadvantages of a sole proprietorship. If you were starting your own business, would you use the sole proprietorship form of business organization? Explain.

What is a franchise? Can you think of a business that you frequent that is likely a franchise? What characteristics of that business make you believe it is a franchise?

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