Q INTRO TO ENTREPRENEURSHIP 15 pts Please type up your answers. R emember to include you r name on your answer sheet. Save your file and then upload your file into the correspo nding assignment d rop box in D2L . 1. Discuss how a company such as a corporation or an LLC that had limited liability protection for their owners might have this corporate veil pie rced and lose the privilege of limited liability. ( 3 pts) 2. When might one want to consider operating their business a s a sole pr opr ietorship ? What are the pros an d cons of this type of legal entity? (3 pts) 3. Wh y might one want to consider forming a si ngle member LLC vs a sole pr opr ietorship? Why form a sin gle member LLC versus a S or C corp oration? (3 pts) 4. Why might one want to consider form ing a S corporation versus an LLC or a C corporation ? (3 pts) 5. W hen might one want to consider forming a C co rporation ? What are the pros vs cons of this type of en tity? (3 pts)