Q When starting a new business, one of the first decisions you will need to decide is which type of business entity or structure to select. I would highly recommend that you visit with an experienced mentor to get some guidance as well as a good accountant and attorney if appropriate. While advice from these individuals is very important, it helps a lot if you have at least a fundamental understanding of the issue. After reading chapter 13 on this topic, please address the following question. If you are looking to start a business, please provide a short description of your business purpose. What type of business structure is appropriate for your business? Why? What are the advantages and disadvantages of your selection. If you are not starting a business, please advise me on what type of business structure might be appropriate for my business. The business sells specialized wheelchairs in all 50 states. I intend to keep it small with a limited number of owners---all family. You can feel free to text or email me with additional questions if you have them. Why did you choose this type of legal entity structure? What are the advantages and disadvantages of your selection. This discussion is worth 5 points.