Q1. Please discuss the evolution of non-corporation and its main characteristics and components and analyze the main differences between partnership-type and corporation-type non-corporations in different jurisdictions. Do you think business models such as non-corporation could meet the needs of small and medium-sized industries and professionals and why? A non-corporation is a type of large business organization. This term refers to any unincorporated business. The interest in creating an Uncorpoartion is to bring the well-being of hierarchical superiors and owners, more than in your usual classic company. One of its main characteristics is that it does not benefit from any regulatory oversight like other traditional companies. This type of business accelerates legal development and international coordination, facilitates international trade and stimulates foreign direct investment. Non-corporations resulted in part from activities such as corporate oversight, which were very costly and time-consuming. The United States was the first country to adapt to these new organizational changes, followed shortly by Europe, by adjusting certain aspects of the ECJ jurisprudence. Corporate law in emerging and third world countries has also been restructured to make room for unincorporated organizations. Legislators designed these new forms of organizations; A hybrid business, it is a mixture of a partnership and a corporation. It is said that, although the evolution of company formation laws has encountered difficulties, "an international model law would be compatible with lower transaction and information costs and could help encourage cooperation between companies located in different jurisdictions. » Type of partnership and company typeThis type of bu...... middle of paper ......hat for personal and professional purposes, people do not want to be tied to rigid and outdated rules, which could hinder the effectiveness of their business decisions and activities. Additionally, even professional businesses would benefit. Because they are increasingly exposed to the laxity and mismanagement of the other parties with which they work. Therefore, this type of organization and the character of limited liability associated with it can protect them from errors or deceptions of other partners. To conclude, we can undoubtedly understand that this relatively “new” form of business organization could certainly benefit both SMEs and large professional organizations. . The characteristics and functionalities that the unincorporated organization brings undoubtedly make organizations more flexible and efficient and, therefore, will benefit their overall performance..