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Emily Wants to Open a Chain of Hair Styling Salons

Question 16

Multiple Choice

Emily wants to open a chain of hair styling salons and hopes to attract investors to help finance growth.She considered forming a C corporation,but wants to have more flexibility about how the new business will be taxed.She also wants to offer investors/owners limited liability.Emily can satisfy her objectives by setting up an) :


A) Limited liability company.
B) S corporation.
C) Alien corporation.
D) General partnership.

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