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Bob and Gena are starting their business. They will both be owners of the business. They are working on determining what form of a business

Bob and Gena are starting their business. They will both be owners of the business. They are working on determining what form of a business to create. Bob and Gena want:
Easy and inexpensive to form and operate administratively
Potential for large managerial control
Profits to be taxed as ordinary (personal) income to the owner(s)
Need to raise larger amounts of capital than a sole proprietorship
0/2 Points
corporation
uc
Trust
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