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Braden is starting a new business for which he will be the sole owner. He would like to have limited liability, but he would prefer
Braden is starting a new business for which he will be the sole owner. He would like to have limited liability, but he would prefer flow-through taxation because he expects to have losses in the first few years. He is not concerned about incurring self- employment taxes. Which of the following entities would best suit Braden's needs?
Group of answer choices
a. A General or Limited Partnership.
b. A Single-member LLC.
c. A S corporation.
d. A Proprietorship.
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