Aoife and her friend Maureen would like to open a dog-walking business in Coquitlam. Maureen will handle acquiring new clients, billing, and advertising, and Aoife will walk the dogs. They agree Aoife will earn 60% of the profits the business earns. They don't plan on needing any investment into the company and prefer to make all the decisions regarding the business themselves. They are concerned about liability in case one of the dogs happens to get injured while in their care. Which type of business ownership best suits Aoife and Maureen?
A) LLP
B) corporation
C) partnership
D) sole proprietorship

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The Answer of Aoife and her friend Maureen would like to open a dog-walking business in Coquitlam. Maureen will handle acquiring new clients, billing, and advertising, and Aoife will walk the dogs. They agree Aoife will earn 60% of the profits the business earns. They don't plan on needing any investment into the company and prefer to make all the decisions regarding the business themselves. They are concerned about liability in case one of the dogs happens to get injured while in their care. Which type of business ownership best suits Aoife and Maureen?
A) LLP
B) corporation
C) partnership
D) sole proprietorship

Aoife and Her Friend Maureen Would Like to Open a Dog-Walking