For each example, select the best form of business by selecting from the dropdown list.

Five people will form a consulting business with each person investing equal amounts and expecting to receive equal profits. The owners will specify how and when other people might be allowed to become a part of the business, but they will limit admission to those who bring specific expertise the team does not already have. Select (Sole proprietorshipPartnershipCorporation) Item 1 A catering company will be formed, and once formed, its first contract will be to provide food services to a major computer company at all of its campuses in the U.S. The caterer will need to open offices, hire employees, and purchase inventory. The start-up costs will come to $250,000. Select (Sole proprietorshipPartnershipCorporation) Item 2 An individual wants to open a small carpentry business and wants to register its name, buy a business license, and begin business operations. Select (Sole proprietorshipPartnershipCorporation) Item 3