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A farmer decides to start a sandpit business on her land after discovering that she has access to very deep deposits. She will be the

A farmer decides to start a sandpit business on her land after discovering that she has access to very deep deposits. She will be the sole owner and already owns the equipment for mining the sand and gravel. She has entered into an agreement with another business to haul the product to customers. Luckily, the sandpit is located very close to town in a wooded area. She will have all orders for sand pre-paid by the customers. After the deposits are depleted, she plans to convert the sandpit lake into a picnic destination. Which is the best business entity for her purposes?

a)Limited Liability Company

b)Limited partnership

c)Sole proprietorship

d)General partnership

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