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For each separate case, select which type of organization should be formed, a. Sharif, Henry. and Korb want to start a tech firm. They are
For each separate case, select which type of organization should be formed, a. Sharif, Henry. and Korb want to start a tech firm. They are deciding between an S corporation and a C corporation. The founders want limited liability, but they also want to avoid paying corporate income taxes. b. Jackie and Susie are starting an accounting firm. They are deciding between a general partnership and a limited liability partnership. It is crucial to Jackie that she has limited liability and is not personally liable if Susie is negilgent. c. Rob and Bran want to form a snow removal business. They are deciding between o general partnership and a limited liability company. Bran says it is important that the two have limited liablity and do not pay corporate income taxes
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