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1. Your client, Tim Tebow, comes to you and wants to open his new restaurant Tims Tasty Tacos. Tim asks you what type of business

1. Your client, Tim Tebow, comes to you and wants to open his new restaurant Tims Tasty Tacos. Tim asks you what type of business organization he should consider, sole proprietorship, partnership, limited liability corporation, or corporation. Compare the following for each entity:

  1. Ease of creation, personal liability, taxation and ease of obtaining capital.
  2. What type of entity do you recommend and why?

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