The Fourth Edition includes chapters dealing with choice of business entity, and the formation of partnerships, limited partnerships, limited liability companies, and limited liability partnerships, which take into account the explosive growth in the use of these entities. Materials have been added reflecting developments in tax law and other amendments to the Internal Revenue Code. In addition, materials have been included reflecting the application of modern valuation techniques (the Capital Asset Pricing Model) in appraisal proceedings. This casebook provides detailed information on business planning. The casebook provides the tools for fast, easy, on-point research.