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5. Emmeline and Ariana, avid disco dancers, want to open a business together teaching disco dancing. Emmeline has a million dollars in her bank account

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5. Emmeline and Ariana, avid disco dancers, want to open a business together teaching disco dancing. Emmeline has a million dollars in her bank account due to a recent inheritance, and Ariana owns an ocean front home with a dance floor overlooking the water. Emmeline has agreed to fund the start-up costs, and Ariana has agreed to use her home to teach the lessons. They do not stand to make a significant profit for at least five years, if ever, but they expect their operating costs to be minimal and do not need to raise additional capital. What business form is most appropriate for their enterprise? Explain

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