The document summarizes characteristics of the phylum Hemichordata and its two classes, Enteropneusta and Pterobranchia. Acorn worms in the class Enteropneusta have a tripartite body plan of proboscis, collar, and trunk, with a mouth located between the proboscis and collar. They reproduce through external fertilization and have a free-swimming tornaria larva. The document also summarizes characteristics of the phylum Chordata, including its five defining features present in early development.