Tess and Tijuana Have Considered Starting Their Own Business but Are

Multiple Choice

Tess and Tijuana have considered starting their own business but are concerned about the possibility of losing their personal assets if the business fails. One way for Tess and Tijuana to avoid this risk would be to organize their firm as a(n) :

A) general partnership.
B) limited partnership.
C) corporation.
D) sole proprietorship.