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He got his first peek at the ice cream industry when he worked as a scooper in the student cafeteria at Oberlin. On a positive note, though, his college education steered him into a more lucrative field: the world of ice cream making. But he had to give up on this goal when he was not accepted into medical school. He majored in pre-med at Oberlin College in the hopes of one day becoming a doctor. In the meantime, Jerry Greenfield (the “Jerry” of Ben & Jerry’s) was following a similar path. Figure 6.1: Ben Cohen and Jerry Greenfield in 2010 He tried college again-this time at Skidmore, where he studied pottery and jewelry making-but, in spite of his selection of courses, still didn’t like it. He attended Colgate University for a year and a half before he dropped out to return to his real love: being an ice cream man. After high school, Ben tried college but it wasn’t for him. But it wasn’t until his senior year in high school that he became an official “ice cream man,” happily driving his truck through neighborhoods filled with kids eager to buy his ice cream pops. As a child, he made his own mixtures by smashing his favorite cookies and candies into his ice cream. Ben Cohen (the “Ben” of Ben & Jerry’s) always had a fascination with ice cream. Who would have thought it? Two ex-hippies with strong interests in social activism would end up starting one of the best-known ice cream companies in the country-Ben & Jerry’s.

Define mergers and acquisitions, and explain why companies are motivated to merge or acquire other companies.

Examine special types of business ownership, including limited-liability companies, and not-for-profit corporations.

Discuss the advantages and disadvantages of the corporate form of ownership.

Explain how corporations are formed and how they operate.

Identify the different types of partnerships, and explain the importance of a partnership agreement.

Describe the sole proprietorship and partnership forms of organization, and specify the advantages and disadvantages.

Identify the questions to ask in choosing the appropriate form of ownership for a business.

Available Option, 8.7 kW heater, 29,700 Btu/hr maximum thematically controlled (Btu output will vary with input voltage) insert an "A" as the third digit of the model number (e.g.

115 volt (ground fault interrupt) external AC utility outlet with 15 amp fuse and switch - 17-7505-7000.

Unit is designed to cool and/or heat an aircraft through a window or door opening.Noncorrosive, sloped condensation drain pan, meets ASHRAE 62-89 (IAQ) standard.1 or 3 phase (single phase not available in all voltages).Sturdy welded frame with 16 gauge sheet metal cabinet.115 volt (ground fault interrupt) external AC utility outlet with 15 amp fuse and switch.

12 in (30 cm) diameter, 25 ft (7.6 m) long output hose.1,200-2,000 cfm propellor type condenser fan.Hermetic compressor belt driven with over current and over temperature protection.Refrigerant type R-410A is environmentally safe.