Multiple Choice
Phillip and Reed have developed a new technology for home computer systems. However, they need to raise a large amount of capital to build the production and support facilities to market their product successfully. Which of the following business types would be best suited to help the company raise the necessary capital to begin production?
A) Partnership
B) Limited liability partnership
C) Corporation
D) Proprietorship
Correct Answer:
Verified
Correct Answer:
Verified
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