Chosee the business form that best applies to the scenarios below:

Choose the Business Form that best applies to the scenarios below: Ivy is a talented artist and is developing a strong reputation. She currently sells her drawings and paintings at exclusive art shows, but she wants to grow her business and she is considering working with others who have skills, experience and investment funds to grow the business. Ivy recently met Sam, a sculptor. Sam has been selling his work on his own for A. partnership many years but is ready to work with someone else to collaborate artistically, rent B. sole proprietorship studio space together, host joint exhibits and share marketing. But he'd like to keep business administration efforts and costs at a minimum. Sam and Ivy could . corporation form a D. unlimted share structure Things with Sam did not work out, but Ivy met Stella, a retired film executive who E. limited liability partnership had been very successful in her career. Stella thinks that Ivy should sell some of F. limited partnership her work to the entertainment industry. Stella would use her contacts to make introductions for Ivy and Stella would also invest funds to get the business off the ground. But beyond that, Stella wants minimal involvement with the day-to-day running of the business because she plans to enjoy her retirement in Florida. Ivy agrees that she would manage the business, continue to create art and generally be responsible for the obligations and operations of the business. Ivy will take a fee for her management services as well as her share in the profits. Ivy and Stella could form a Ivy instead decides that she wants to bring in her extended family and a larger number of friends and colleagues as investors. She doesn't mind giving up some control over the business and being subject to greater bureaucracy as long as she gets to continue creating art. In fact, she'd be happy for the business to hire an experienced business manager to run things. Ivy could form a If ivy decides to keep to the simplest form of business ownership, Ivy could form a Ivy realizes that she needs professional advice. She goes to see her lawyers. There are 3 lawyers in the office - one that practices real estate law, one that practices tax law and one that handles corporate matters. They all have their own clients and responsibilities, but they share office space, marketing and other expenses. The most likely type of business form they would use is a