1. The biggest surprise for me in the reading is the part in the chapter about the transferability of interest. It made sense to me that in a sole proprietorship, the entrepreneur has the right to sell or transfer any assets in the business. But, it seemed surprising that in a limited partners can sell their interest at any time without consent of the general partners. I found that surprising since if they are in a company involving more than one partner, shouldn't the other partners have a say before one sells interest?
2. I thought the part of the chapter concerning the liability of owners was a little confusing. I know from previous classes I have taken about the operations of businesses, the question of liability is always a tricky one. So it didn't surprise me that it would be a little confusing for me to read about it.
3. If I were able to ask two questions I would ask: 1) How are taxes attributed to different types of businesses? 2) Why must the entrepreneur's desired culture match the business strategy outlined in the business plan?
4. There didn't seem to be anything the author said that I disagreed with.
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