You are required to complete a writing assignment on business formation and outline the basic corporate legal principles required for the establishment of a new business. The paper should be written in the form of a memo to a client and examine the advantages and disadvantages of at least 3 forms of corporate entities. It should identify at least 3 forms of contracts or legal documents required for the establishment and or proper operation of the entity. Each paper is required to include three (3) sources other than your text book which were used in writing the paper.