Multiple Choice
When Genna confided in Lou and Al that she too was concerned about adding additional risk, Lou suggested that they explore the possibility of a different type of business ownership, a(n) ________, which has very flexible ownership rules and would give them more choices in how the company's earnings are taxed while still protecting all owners from high levels of risk.
A) alien corporation
B) master limited partnership
C) limited partnership
D) limited liability company
Correct Answer:
Verified
Correct Answer:
Verified
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