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Geneva Needs Additional Capital to Launch Her Business but Does

Question 42

Multiple Choice
Geneva needs additional capital to launch her business but does not want to share management responsibility with partners. Neither does she want to pay the high taxes often assessed on businesses. Her best option may be a(n) ________.

Geneva needs additional capital to launch her business but does not want to share management responsibility with partners. Neither does she want to pay the high taxes often assessed on businesses. Her best option may be a(n) ________.


A) sole proprietorship
B) limited liability partnership
C) C corporation
D) S corporation

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