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Read and review the Legal Briefcase article found in Chapter 5, page 129 of the textbook. The article is titled “Virtual Companies.” The sources for this brief synopsis are included at the end of the article. After you review this information, as well as the rest of Chapter 5, How to Form a Business, discuss the Vermont Law and its broader ramifications. Use the following questions to focus your discussion information and efforts. Remember, if you provide information from other sources; be sure to cite your sources using APA style as your style guide.In what ways do you see the opportunity that the state of Vermont is offering as being a benefit?How might this opportunity be a benefit to not only startups, but also existing businesses? Why?What are the disadvantages to a virtual company in using Vermont as their state of incorporation? Why? How? What are the advantages? Why? How?Say, for instance, that you are starting a new business and wish to incorporate. If that were the case, would you take advantage of the Vermont Law opportunity? Why? Why not? i can send the article
The first obvious benefit that state of Vermont is offering with its opportunity is that of costreduction. Obviously real companies also carry a large number of costs in the form ofmaintenance of…
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