ASole Proprietorship would have the following characteristics applied to itself: Less Regulated, Owned by a Single Individual, Subject to lower income taxes, Subject to unlimited liability A Sole Proprietorship is subject to lower income tax in the context that it is not subject to double taxation unlike a corporation. A corporation is subject to both corporate taxes and personal income taxes leviable on shareholder\'s dividends and capital gains. A Sole Proprietorship has limited life and faces difficulties in raising capital. In fact raising capital requires providing personal collateral on behalf of the sole owner. Paradigm Media is under the LLP/LLC corporate structure as owner\'s have limited liability and yet can opt for individual tax payments. Anthony functions under the sole proprietorship structure as the business involves reporting all business related incomes and expenses under his personal tax return Sachit and Shirley function under the partnership system as profits are distributed proportionally. DOX Co. is a coporation with double taxation and open trading of shares in the secondary market(which is evident from the fact that Jack sold his shares in the open market). Solution ASole Proprietorship would have the following characteristics applied to itself: Less Regulated, Owned by a Single Individual, Subject to lower income taxes, Subject to unlimited liability A Sole Proprietorship is subject to lower income tax in the context that it is not subject to double taxation unlike a corporation. A corporation is subject to both corporate taxes and personal income taxes leviable on shareholder\'s dividends and capital gains. A Sole Proprietorship has limited life and faces difficulties in raising capital. In fact raising capital requires providing personal collateral on behalf of the sole owner. Paradigm Media is under the LLP/LLC corporate structure as owner\'s have limited liability and yet can opt for individual tax payments. Anthony functions under the sole proprietorship structure as the business involves reporting all business related incomes and expenses under his personal tax return Sachit and Shirley function under the partnership system as profits are distributed proportionally. DOX Co. is a coporation with double taxation and open trading of shares in the secondary market(which is evident from the fact that Jack sold his shares in the open market)..