$1$

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Three entrepreneurs, named $x,Y,$ and $Z,$ plan to launch a business together. $x$ will fund the venture but wants to limit her liability to her initial investment. She has no interest in the daily operations. $Y$ will contribute his full efforts on a daily basis but has limited funds to invest in the business. $Z$ have nothing to lose by doing so$.$ All three individuals will share in the firm's profits and wish to minimize the initial costs of organizing the business. Which form of business entity should these individuals adopt?

Multiple Choice

General partnership

Joint stock company

Sole proprietorship

Limited partnership