The business that I picked for a so-proprietorship is that it is owned by one person in a family that helps work in the store that the father owns, and his wife, and son work in there everyday with him. The reason I believe that led owner to run it as a sole-proprietorship is that they had enough money to open the store and knew that it would serve as a nice place to make as their store to shop at that is convince for them to go with their kids and such. The majority of the people that live in this section are Whites, Hispanics, and black, along with oriental. So they put everything that basically all the races could identify with when they went there. The social environment is you get different types of adversaries as far as race. The legal aspect of the store was that they had a family member that was running the store they owned and was tired and didn’t rest to focus on other things they want to do in life so, they just transferred it over to another family member of theirs to run it. The economic issue of it is it will have constant flow of cash coming in everyday to set off all the bills and such to keep the business running. The general partnership business I picked was my parents business call Nukote Painting and Drywall. The reason I picked this business is because it was a married couple that owned the business 50/50. They both split the business. They also ran the business together with the wife doing payroll and keeping the books and such. The husband going out bidding on jobs from old employees that he worked for. Had a great relationship with them and they offered him jobs to do. The reason I believe the owner to have it a general Partnershipsis that they can work as a team with the wife where she would be doing the offic ...