Mackenzie's Dream Is to Open a Chain of Salons

Multiple Choice

Mackenzie's dream is to open a chain of salons. She hopes to attract investors to help finance growth. Having once considered forming a C corporation, Mackenzie wants to have more flexibility about how the new business will be taxed. She also wants to offer investors/owners limited liability. Mackenzie can satisfy her objectives by setting up a(n)

A) limited liability company.
B) S corporation.
C) alien corporation.
D) general partnership.