1. Describe the ADVANTAGES that LLC and S-Corporation ‘pass through’ entities ha

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1. Describe the ADVANTAGES that LLC and S-Corporation ‘pass through’ entities have relative to C-Corporations. Note: all three have limited liability!
2. When the Japanese Yen is WEAK relative to the U.S. Dollar, answer the following:
Who are the two ‘winning’ stakeholders? (Japanese consumers, American consumers, Japanese producers, American producers)
Who are the two ‘losing’ stakeholders? (Japanese consumers, American consumers, Japanese producers, American producers)

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