A, an individual US citizen, B a C corporation and K, a citizen of Canada who is also a resident Alien in the US, want to start a shoe sales business, on-line. They are seeking to: 1) minimize their tax liability in the US, 2) minimize legal liability, 3) attract outside investors if the business takes off , 4) not involve a lot of bureaucratic red tape 5) have continuity of existence if an owner leaves/dies. What type of entity would you suggest for them?

a. S corporation b. LLC c. Partnership d. Sole proprietorship